Bitget App
Trade smarter
Open
HomepageSign up
Bitget>
News>
Senator Lummis: US Bitcoin Reserve Fund "Ready to Launch at Any Time"

Senator Lummis: US Bitcoin Reserve Fund "Ready to Launch at Any Time"

金色财经2025/10/07 04:03
BTC-0.80%SBR0.00%

Jinse Finance reported that pro-cryptocurrency U.S. Senator Cynthia Lummis has confirmed that, despite legislative red tape hindering the funding of the U.S. Strategic Bitcoin Reserve (SBR), it can now “begin at any time.” In a post on X on Monday, Lummis stated that although legislative progress remains “difficult,” thanks to “President Trump, funding for the SBR can begin at any time.” It is still unclear how the SBR will be specifically financed. According to the government’s official fact sheet, the reserve will initially be “capitalized with bitcoin held by the Treasury,” which are bitcoins seized through civil or criminal proceedings. It then notes that additional BTC can be obtained through budget-neutral means that “will not impose incremental costs on U.S. taxpayers.”

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Trending news

More
1
Deshare launches a full-stock token on-chain trading platform
2
Bitunix Analyst: Jones Warns of "Big Bang" Bull Market, Retail FOMO Risk Rising

Crypto prices

More
Bitcoin
Bitcoin
BTC
$123,808.73
-0.11%
Ethereum
Ethereum
ETH
$4,678.15
+2.22%
XRP
XRP
XRP
$2.97
-0.79%
Tether USDt
Tether USDt
USDT
$1
+0.03%
BNB
BNB
BNB
$1,250.29
+3.34%
Solana
Solana
SOL
$230.4
-1.53%
USDC
USDC
USDC
$0.9998
+0.01%
Dogecoin
Dogecoin
DOGE
$0.2606
+1.25%
TRON
TRON
TRX
$0.3446
+0.37%
Cardano
Cardano
ADA
$0.8575
+1.12%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now
Trade smarter