Lummis plans renewed push for strategic bitcoin reserve after Trump win

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Sen. Cynthia Lummis (R-WY) is planning a renewed push for legislation to set up a strategic bitcoin reserve, an idea that has gained traction since President-elect Donald Trump’s victory.

In an interview with the Washington Examiner, Lummis said she intends to reintroduce a bill that would form a strategic bitcoin reserve in January 2025. The senator previously introduced the BITCOIN Act, an ambitious piece of legislation that would form a strategic bitcoin reserve, earlier this year, but that did not attract co-sponsors. This time around, she is confident of the odds.

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