Cynthia Lummis calls for US to accumulate Bitcoin openly while other nations buy quietly
➤ Senator Cynthia Lummis proposes the BITCOIN Act, urging the US Treasury to openly acquire 1 million Bitcoin over five years, viewing it as a strategic national asset akin to gold reserves. ➤ The legislation, modeled after the US gold reserves, mandates storing Bitcoin in secure, decentralized vaults and holding it for a minimum of 20 years, aiming to prevent market fluctuations and codify previous executive actions. ➤ This initiative, if passed, would significantly impact global markets by introducing a large, consistent buyer and a long-term government holder, raising discussions about decentralization and concentration risk.










