The momentum is on our side, and we need to seize this opportunity. Fortunately, President Trump supports us, and the possibilities are limitless,” Lummis concluded.

Just last week, President Donald Trump signed an executive order to establish a federal strategic Bitcoin reserve. This reserve will consist of Bitcoin confiscated by the federal government through hacks and seizures, creating an estimated stockpile of about 200,000 BTC, pending an official audit. However, as it currently stands, this reserve could be overturned by future presidential administrations. Legislation like the Bitcoin Act of 2025 aims to prevent this by mandating that the United States purchase 200,000 Bitcoin per year until it has accumulated a total of 1,000,000 BTC, which would be held for a minimum of 20 years.

The $115 billion asset manager VanEck suggests that this strategic Bitcoin reserve “could help mitigate national debt,” stating that “if the U.S. government follows the BITCOIN Act’s proposed trajectory – acquiring 1 million BTC by 2029 – our analysis indicates that this reserve could counterbalance approximately $21 trillion of national debt by 2049.”