Lawmakers in Washington have called in two of crypto’s most recognizable names. Michael Saylor, the Strategy (MSTR) chairman who has turned his company into a corporate Bitcoin vault, and Tom Lee, the Fundstrat founder and current BitMine (BMNR) chair, will join a roundtable on the future of the U.S. Bitcoin reserve.
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They will be joined by sixteen other industry executives, including mining leaders, venture capital firms, and even traditional finance figures. The meeting, hosted by The Digital Chambers, aims to revive momentum for the BITCOIN Act. This bill, first introduced in March, proposes that the U.S. acquire one million Bitcoin over five years.
Lawmakers Debate the Strategic Bitcoin Reserve
The plan would make Bitcoin part of America’s official reserves alongside gold (CM:XAUUSD). Purchases would be financed by the Treasury and the Federal Reserve, but only through “budget neutral” methods. This means no new taxes and no extra burden on U.S. debt.
Some ideas being floated include using tariff revenues or reevaluating the Treasury’s gold certificates. The key question for lawmakers is whether Bitcoin can be secured and managed like gold, or whether its volatility and regulatory risk make it too dangerous for the balance sheet.
Saylor and Lee Make Their Case
Saylor has spent years describing Bitcoin as digital gold and has risked billions of his company’s balance sheet to prove it. For Lee, who has long tied Bitcoin to wider market cycles, this is about making sure the U.S. does not fall behind rivals like China in adopting new forms of reserve assets.
Both men will need to go beyond price targets and hype. Lawmakers want to know if Bitcoin can be stored safely, how it will be regulated, and why it deserves a place in America’s financial strategy. If they win that argument, the U.S. could send a powerful signal to global markets that Bitcoin is no longer just a speculative asset but a national one.
However, momentum behind the bill has slowed in recent months. The roundtable will focus on what has held it back and what needs to change to build a coalition in Congress. Moreover, crypto advocates say that a Bitcoin reserve would strengthen U.S. security and give the country an edge in financial innovation. Whether Congress agrees will determine if the BITCOIN Act becomes a historic step or another stalled crypto proposal.
At the time of writing, Bitcoin is sitting at $116,219.98.
