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Lummis: Trump Backs Bill for 1M Bitcoin Strategic Reserve!

Lummis: Trump Backs Bill for 1M Bitcoin Strategic Reserve!

Date: 2025-05-02 18:38:30 | By Lydia Harrow

BREAKING: Trump Backs Lummis' Bold BITCOIN Act - Aims to Stack 1 Million BTC!

Sen. Lummis just dropped a bombshell - Donald Trump is all in on her BITCOIN Act, pushing for the U.S. to hoard a staggering 1 million Bitcoins!

Imagine this: a Bitcoin strategic reserve becoming a reality. On a fiery Friday, May 2, Senator Cynthia Lummis lit up the U.S. Senate, revealing that President Donald Trump is backing her revolutionary BITCOIN Act.

"The BITCOIN Act is the ultimate fix for our nation's mind-blowing $36T debt. I'm stoked to have a visionary president who not only gets it, but is ready to take action. #GameChanger," tweeted Lummis.

"I’m over the moon with President Trump's nod to my strategic Bitcoin reserve plan. It's a game-changer for tackling our national debt and cementing America’s spot as the top dog in financial innovation," Senator Cynthia Lummis declared.

Bitcoin: The Everyday American's Financial Powerhouse

During her electrifying speech, Lummis didn't hold back on Bitcoin's security, hammering home how a Bitcoin reserve would revolutionize the lives of ordinary Americans. She passionately stated that Bitcoin empowers "the everyday American and the everyday worker all over the world to take control of their own money."

"As Bitcoin gets woven deeper into our daily lives, it beefs up the whole system, making it stronger, more robust, and better at serving our global needs. We need to be the leaders, not the followers," Lummis asserted.

Lummis' audacious act, introduced in the Senate, demands that the U.S. government snap up 1 million Bitcoins (BTC) within five years. If this goes through, the U.S. government would become the heavyweight champ of Bitcoin holders, given the cap at 21 million coins.

Right now, Uncle Sam is sitting on around 198,000 BTC, mostly from seized assets, valued at a whopping $19 billion. To hit the 1 million BTC jackpot at today's prices, the U.S. would need to throw down about $76 billion. But let's be real, prices are gonna skyrocket once this news hits the market.

Bitcoin's relatively tight supply means its price is set to blast off once the buying spree kicks in. And the U.S. will have to duke it out with Bitcoin giants like Strategy, who've just pledged $84 million to stack sats.

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