If this bill passes, BTC will take off further, and retail investors can reap the benefits if they buy in advance!
On November 15, an ally of President-elect Trump in the U.S. Senate developed a plan to fill Trump's proposed strategic Bitcoin inventory without increasing the government deficit and sell some of the Federal Reserve's gold. Wyoming Republican Senator Cynthia Lummis plans to push a bill when the new Congress takes office next year. The bill requires the United States to purchase 1 million bitcoins, accounting for nearly 5% of the outstanding tokens. At current market prices, the acquisition will cost about $90 billion, but if the bill is passed and investors act before the government buys, the amount required for the acquisition may increase.