New Milestone for Bitcoin and Crypto


Senator Cynthia Lummis, dubbed the 'Bitcoin Senator,' asserts that 2025 will be a critical time for $BTC and digital assets. She is committed to working closely with David Sacks, appointed as the 'Crypto Czar,' to push for comprehensive legislation on digital assets and the 'Strategic Bitcoin Reserve' initiative.



According to elected President Donald Trump, Sacks taking on this role will help shape a clear legal framework, protect the domestic crypto mining industry, and make the United States the 'crypto capital of the world.'



Bitcoin Bill - Transforming the U.S. Economy


The focus of Lummis's plan is the 'Boosting Innovation, Technology, and Competitiveness Through Optimized Investment Nationwide Act' (or 'Bitcoin Act'), which proposes the establishment of a Strategic Bitcoin Reserve.



This bill includes:


• Accumulate 1 million Bitcoin (equivalent to 5% of the total supply) within 5 years.


• Funding from existing assets of the Federal Reserve, such as bonds and gold, rather than creating additional national debt.


• Long-term commitment, with a minimum holding period of 20 years, to leverage Bitcoin's price appreciation potential to reduce national debt.



Lummis expects that this initiative could help the U.S. cut its national debt in half by 2045.



Support from the Federal Government and State Governments


The Bitcoin bill not only reflects federal ambitions but also resonates with initiatives at the state level:


• Ohio: Representative Derek Merrin proposes allowing the treasury to invest public funds in Bitcoin.


• Pennsylvania: A bill allowing a maximum of 10% of the state treasury reserves to be allocated to Bitcoin to combat inflation.


• Texas: Proposal to use donations to build a Bitcoin reserve and accept tax and fee payments in Bitcoin.



Bright Future for Bitcoin


According to data from Arkham Intelligence, the U.S. government currently holds approximately $21 billion in Bitcoin, primarily from seizures related to crime. If passed, #BitcoinAct will integrate this asset into the strategic reserve, opening a new chapter in digital asset management.



Conclusion


With strong support from Senator #Lummis and changes in federal policy, 2025 promises to be a landmark year for the significant growth of Bitcoin and digital assets, laying the foundation for a sustainable digital financial future in the United States.