{"content":"Bitcoin Goes Strategic 🇺🇸 – Saylor & Crypto Leaders Rally Behind US Reserve Bill A plan that would allow the United States to create a reserve of one million Bitcoin (BTC) is being pushed by prominent crypto businessmen and legislators. In Washington, D.C., crypto industry heavyweights Fred Thiel (CEO of Marathon Digital Holdings), Michael Saylor (co-founder of MicroStrategy), and others have gathered to support a new law that proposes a "strategic bitcoin reserve" for the United States. Representative Nick Begich and Senator Cynthia Lummis, who brought back the Bitcoin Act earlier this year, hosted the conversation. A million bitcoin would be acquired by the United States government over a five-year period under the proposed legislation, which would designate Bitcoin (BTC) as a strategic reserve asset comparable to gold. It recommends "budget neutral strategies" as a means to this end, which is crucial. An earlier executive order by Trump established permanent crypto holdings from confiscated assets, and this proposal expands upon that. In the wake of passing its first significant crypto law governing stablecoins, Congress is now gearing up to enact more industry-wide regulation, prompting this endeavor. The Digital Power Network (DPN) and others have argued that keeping the bitcoin reserve a top priority is essential to making the United States more competitive in the digital asset market. Only Republicans have shown support for the measure so far, and it is now awaiting hearings in the Senate Banking Committee and the House Financial Services Committee. The current focus of lawmakers and executives is to get support from both parties. The conversation also included Bitdeer's Haris Basit, Brian Morgenstern of Riot, and Cleanspark's Matt Schultz, among other prominent figures in the cryptocurrency industry. Briefing materials were also given by DPN, who portrayed the plan as a "bipartisan opportunity." #StrategyBTCPurchase #USBitcoinReserveDiscussion #AltcoinSeasonComing? #BitcoinETFMajorInflows #FedRateCutExpectations $BTC $ETH $XRP ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025092025/09/16/fb8b43fd8b014c7b96f8cd4f7ea202c0.png"],"tags":[],"tradingPairs":["ETH/USDT"],"quotearticleid":0}