saying<\/a>, \u201cI truly believe the Strategic Bitcoin Reserve is the only solution to offset our national debt. I applaud President Donald Trump and his administration for embracing the SBR, and I look forward to getting it done.\u201d<\/p>\nHer statement accompanied a clip from a Bloomberg Television interview where she discussed the growing interest in BTC-backed reserves at the federal level. The interviewer asked about the idea of converting U.S. gold holdings into Bitcoin (BTC). <\/p>\n
While Lummis confirmed no traction on that front, she said the administration is exploring \u201cother ways to have a strategic Bitcoin reserve.\u201d\u00a0She added that Bitcoin is an asset that will grow over time and help offset the rising debt burden.<\/p>\n
The United States\u2019 national debt currently exceeds $37 trillion and continues to rise. Meanwhile, Lummis has been a long-time Bitcoin advocate, repeatedly framing the asset as a modern hedge akin to gold or oil capable of securing long-term fiscal stability.<\/p>\n
Earlier this year, Lummis and Congressman Nick Begich introduced the BITCOIN Act of 2025, which outlines a national cryptocurrency strategy and includes provisions to establish a government-controlled Bitcoin reserve. <\/p>\n
The bill proposes annual purchases of 200,000 BTC for five years, holding the assets for two decades as a safeguard against inflation. Lummis also previously stated that acquiring 1 million Bitcoin, or roughly 5% of the total future supply, could \u201ccut our debt in half in 20 years.\u201d<\/p>\n
US Bitcoin reserve rumored to hold $14 billion worth of BTC<\/h2>\n
The Strategic Bitcoin Reserve has gained additional relevance amid reports that the U.S. may already hold $14 billion worth of BTC, allegedly recovered from Chinese-Cambodian online scam operations. Meanwhile, other countries like the Philippines, Brazil, Sweden, and more are also weighing similar initiatives to bet on the crypto king at the national level.<\/p>\n
<\/p>\n
Despite the push for long-term adoption, Bitcoin\u2019s price has struggled in the short term. Data from crypto.news shows BTC is currently trading at $101,535, down nearly 10% this week. This comes after a sharp two-day drop that briefly pushed the price below the critical $100,000 level.\u00a0<\/p>\n
While the market shows signs of stabilization, upside momentum remains limited as resistance near $102,000 keeps bulls in check. Still, Lummis\u2019 latest comments reaffirm the growing political momentum behind Bitcoin, positioning it as more than just a speculative asset but a potential tool of national economic importance.<\/p>\n
<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"
Senator Cynthia Lummis believes the answer to America\u2019s ballooning $37 trillion debt is Bitcoin. Summary Senator Cynthia Lummis is bolstering her call for a Strategic Bitcoin Reserve, saying it could…<\/p>\n","protected":false},"author":1,"featured_media":4570,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-15234","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/15234","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=15234"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/15234\/revisions"}],"predecessor-version":[{"id":15235,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/15234\/revisions\/15235"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/4570"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=15234"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=15234"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=15234"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}