Senator Lummis Pushes for Long-Term U.S. Bitcoin Strategy
Senator Cynthia Lummis is pushing for legislation to establish a long-term national Bitcoin strategy, as she believes executive orders can be overturned. The BITCOIN Act, her proposal for a strategic U.S. Bitcoin reserve, has gained bipartisan support in both the House and Senate.
Lummis, a Wyoming Republican, has been a vocal advocate for Bitcoin. She promoted the BITCOIN Act at the Bitcoin for America Summit 2025, alongside other crypto leaders and senators. The act aims to acquire 1 million Bitcoins for the U.S. government, with the U.S. purchasing 200,000 bitcoin per year for five years to create a 1,000,000 BTC reserve.
Asset manager VanEck estimates that if the U.S. follows this roadmap, the Bitcoin reserve could offset up to $21 trillion of national debt by 2049. Lummis sees Bitcoin as a deflationary alternative to combat inflation and restore monetary discipline. Congressman Nick Begich is leading the charge in the House, mirroring Lummis' Senate proposal. President Donald Trump has already shown support for the idea, signing an executive order to create a federal Bitcoin reserve using seized BTC.
Lummis warns that the United States is running out of time and traditional options to address its $36T debt. She sees three potential paths for America: collapse under default, hyperinflation, or using Bitcoin and technology to recover. The BITCOIN Act, with its growing bipartisan support, aims to secure a long-term Bitcoin strategy for the U.S.
