In an interview with Bitcoin commentator Natalie Brunell, Senator Cynthia Lummis (R-WY) confirmed his commitment to set up an American strategic Bitcoin reserve (SBR), and reveals that Treasury Department is investigating its legal authority to buy and custody BT on behalf of the Federal government. The Senator believes that such a trait can significantly reduce the national debt in the long term.
Senator Lummis shoots Bitcoin Reserve
Lummis pointed to approximately 200,000 BTC I US Marshals Services’ asset process program As a possible starting point: “Work with Treasury and Treasury Secretary, we try to find out which assets may be the basis for the first year’s investment in a strategic Bitcoin reserve.”
Furthermore, her attitude clarifies and found that she decides whether a new law is required or if the administration already has an authority: “What I am trying to find out right now is whether it must be done legislative or if the Treasury has the authority to do so right now.”
Lummis proposes to convert the seized BTC to an official “basic investment”, which she says would be the basis for a larger BTC reserve. If successful, this would highlight the first time the US government deliberately and openly accumulated Bitcoin as a strategic asset.
One of the Lummi’s main arguments for an SBR is its ability to trim the federal debt, which she considers “responsibly high.” According to her Bitcoin ACT, the United States was also able to re-evaluate its gold certificates-at present to a decades old official price of $ 42 per ounce, well below the market value-and distribute the difference against buying BTC in a Budget neutral manner:
“My legislation would prescribe that we can take our gold certificates … take them up to the current real market value for gold and then use it to buy bitcoin and thus create a 1 million bitcoin reserve in five years.”
She claims to keep this Million BTC under a 20-year horizon can “reduce the current national debt in half.” With reference to extensive modeling – some from advocates who Michael Saylor—She believes that the price estimate of BTC has the potential to deliver significant profits to taxpayers.
New section now! 🇺🇸
The American Senator Cynthia Lummis leads the Bitcoin Revolution in Washington.
Her bold plans for America through Bitcoin & Digital Asset Policy promises to reshape the financial system-reduce US debt, protect Bitcoin-self-explanation and reinforce dollars … pic.twitter.com/g1rvl1ordb
– Natalie Brunell ⚡️ (@Natbrunell) April 1 2025
The Senator praised President Trump’s latest executive order aimed at making the United States the world’s digital asset capital “by promoting a favorable environment for BTC mining, regulating clarity and a strategic reserve. According to Lummis, these movements are in sharp contrast to previous administrations, where” people who neither know nor wanted to talk about digital assets. “
Lummis, however, also emphasized the need for two -party collaboration, which indicates that although Bitcoin has now been interested in Republican circles, it should not be a strict partisan pursuit: “We want to keep that momentum … We worked extremely hard to keep the two -party, so I can not turn my brain and start to think about
At press time, BTC traded to $ 84 202.
Image from Youtube, chart from tradingview.com
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