Newly introduced U.S. House and Senate bills would create a strategic Bitcoin reserve with the aim of strengthening the nation's economic foundation.
The first-of-its-kind reserve will be anchored by a stash of Bitcoin the government already owns, estimated to be worth billions of dollars.
On March 7 2025, Donald Trump went against his previously held beliefs that cryptocurrency was “based on thin air” and confirmed the establishment of the Bitcoin Strategic Federal Reserve, an initiative that looks to promote the importance of decentralised digital currencies across the country and the world.
Speaking at the “Bitcoin for America” summit, lawmakers announced their plans to create a federal bitcoin reserve that would see the U.S. buy one million BTC.
Tariffs, the possibility of a federal government 'shutdown,' and fears of a recession due to cuts, layoffs, and trade policies are weighing down the stock markets. This Monday, the stock market week started again with turbulence,
The Trump White House recently announced a project that the crypto industry loves, skeptics hate, and that most people, reasonably, don’t really care about: a “bitcoin strategic reserve.”
Whatever method of privatization is chosen, it would result in depriving the US regime of its stolen gold hoard. This is long overdue.
The congressman was joined by Sen. Cynthia Lummis (R-WY), who is sponsoring the BITCOIN Act on the Senate side. The bill would create a bitcoin reserve.
The saga began early last week when President Donald Trump posted on Truth Social that he would be establishing a “Crypto Strategic Reserve” that included XRP, solana, and cardano—three lesser-known currencies that are far less stable than bitcoin (BTC)—raising questions as to why these coins were included over popular, reliable currencies.
While some in the crypto community welcomed the announcement, others expressed disappointment as Bitcoin's price dropped more than 5% upon learning that the reserve would not
As of March 6, the U.S. government treats Bitcoin as a sovereign reserve asset, akin to gold or foreign currencies. XRP, Solana, Cardano and Ethereum
President Trump has signed an executive order to create a national bitcoin stockpile composed of coins seized through criminal and civil proceedings.