Senator Lummis’ new BITCOIN Act allows US reserve to exceed 1M Bitcoin

March 12, 2025

US Senator Cynthia Lummis’ newly reintroduced BITCOIN Act will allow the government to potentially hold more than 1 million Bitcoin as part of its newly established reserve.The bill, first introduced in July, directs the US government to buy 200,000 Bitcoin BINANCE:BTCUSD a year over five years for…