Fund Acquisition for US Strategic Bitcoin Reserve Can Start Anytime: Sen. Cynthia Lummis
US Senator Cynthia Lummis (R-WY) has hinted that fund purchases for the US strategic Bitcoin reserve (SBR) might occur anytime.
In a recent post on X, she confirmed that regardless of legislative pink tape hindering the acquisition of funds for an SBR, the federal authorities is able to start funding anytime quickly.
“Legislating is a slog and we proceed to work towards passage however, because of President Trump, the acquisition of funds for an SBR can begin anytime.”
This is a superb articulation of why the SBR and passing the BITCOIN Act makes a lot sense.
Legislating is a slog and we proceed to work towards passage however, because of President Trump, the acquisition of funds for an SBR can begin anytime.
https://t.co/gUkeZBPQr4
— Cynthia Lummis
(@CynthiaMLummis) October 6, 2025
Senator Lummis’s remarks adopted a put up from Jeff Park, Chief Investment Officer of ProCap BTC, who shared a video discussing the potential of the SBR.
The dialog targeted on utilizing the U.S. authorities’s estimated $1 trillion in paper positive aspects from gold to reinvest into Bitcoin.
Last month, Alex Thorn, head of firmwide analysis at Galaxy Digital, stated that the United States could formalize its SBR before the end of 2025. He identified the rising bipartisan recognition of Bitcoin’s potential as a retailer of worth and monetary asset.
SBR Will be Capitalized Using BTC Owned by Treasury
Senator Lummis hasn’t talked about how the federal government is planning to finance the SBR.
However, per the federal government’s official fact sheet launched in March, the SBR might be capitalized with Bitcoin owned by the Department of Treasury that was forfeited as a part of prison or civil asset forfeiture proceedings.
Further, it learn that the extra BTC might be obtained by way of budget-neutral methods that “is not going to impose incremental prices on U.S. taxpayers.”
Is the US Government Charting a Big BTC Buy?
President Trump signed an executive order to determine the Bitcoin reserve in March this 12 months. Since then, there was widespread hypothesis about imminent authorities BTC buys.
On Sunday, American investor and entrepreneur Anthony Pompliano told CNBC that the US authorities, in some unspecified time in the future, goes to announce that they’re shopping for Bitcoin.
“Creating the preliminary sort of strategic reserve and sitting the Bitcoin we already had there was good. But that’s not the primary dish,” he stated. “The primary dish is once they begin shopping for, and I feel that may occur in some unspecified time in the future.”
Per Arkham data, the US authorities holds 198.021K Bitcoin, price over $24 billion.
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