Senator Cynthia Lummis says the securing funds for strategic bitcoin reserves can be “starting at any time,” but the actual purchase has not been made yet.
According to her post on X, the legal path seems to be open, but the necessary measures within the government are still slow.
According to the report, bureaucracy and legislation are called Lummis as “slog”.
Lawmakers say that funding can begin.
According to the report, the plan suggested by the administration is to seed the reserve using Bitcoin (a coin confiscated in civil or criminal case) already owned by the Treasury.
The official data table states that future purchases should be “budget neutral” and that the taxpayer should not be charged an additional cost.
Some financial voices are wandering more bold ideas. Jeff Park, the chief investment officer of Procap BTC, discussed the possibility that the government would benefit about $ 1 trillion in gold to support the transition to Bitcoin.
This is a wonderful description of why the passage of SBR and Bitcoin is so meaningful.
Legislation is a difficult task and we continue to work for passing, but thanks to President Trump, securing funds for SBR can start at any time. ⤵️ https://t.co/gukezbpqr4
-Chinia Rumis 🦬 (@cynthiamlummis) October 6, 2025
Park argued that it was a small step to take a measured position of $ 1 trillion compared to the federal debt of about $ 37.88 trillion.
He drew a long -term line. In other words, if Bitcoin rises 12% per year, investors can increase about 30 times in 30 years. It is not a plan, but a prediction.
The source of funds is unclear
In addition to the seized coins, there is no clear mechanism of how to purchase Bitcoin additional. The report reveals phrases such as ‘budget neutral measures’, but there are no fixed methods.
BTCUSD trading at $124,095 on the 24-hour chart: TradingView
The options mentioned in the open dialogue range from asset sale to non -realization profit re -party, but there are no legal precedents used for this kind of strategic reserve. This uncertainty is why lawmakers and market observers continue to demand more details.
Seven months have passed since US President Donald Trump signed an administrative order to establish a foreign exchange reserves.
This movement set a policy goal, but did not present the rules for the Treasury to use for action. According to Lummis, public officials can move but have not yet operated the machine.
Market response and outlook
Investors and critics are closely observing. Anthony Pompliano told CNBC that it would be a real market shock if it actually started to buy Bitcoin, not just coins that the United States already owns.
Many people in the cryptocurrency industry consider the government’s official purchase as a major verification. At the same time, regulators and budget managers are likely to require clear legal authority and explanatory processes before they spend public resources.
Vaneck’s main image, TradingView chart
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