Senator Lummis Proposes $81 Billion Bitcoin Reserve by 2025

Robert Kiyosaki, the renowned author of ‘Rich Dad Poor Dad’, recently posted a cryptic message on X stating, ‘Big Things are coming,’ which has ignited significant speculation within the market. Concurrently, Senator Cynthia Lummis echoed a similar sentiment on X, declaring that ‘Big Things are coming every day’ and emphasizing that she is ‘for real this time.’

This cryptic messaging has led to speculation that the U.S. may be preparing to establish a Bitcoin strategic reserve. Recently, Senator Lummis revealed that she has reintroduced the Bitcoin Strategic Reserve Act to Trump, proposing the purchase of $81 billion worth of Bitcoin by 2025.

The bill, originally introduced by Lummis last year, proposes that the government purchase 1 million bitcoins over a span of five years. These bitcoins would then be stored in a “decentralized network” of storage facilities. According to a press release, the funds for purchasing bitcoins would come from “diversifying existing funds” in the Federal Reserve system. The first $6 billion in remittances from reserve banks would be set aside each year from 2025 to 2029 to build the reserve. The plan would also utilize the Fed’s gold certificates.

Lummis emphasized that Bitcoin is not just a technological opportunity but a national necessity for America’s financial leadership in the 21st century. She added, “By turning the president’s executive action into law, we can use digital innovation to address the national debt and maintain our global competitiveness.”

This move could significantly boost the legitimacy of the Strategic Bitcoin Reserve, which was recently created by President Donald Trump with an Executive Order. This bill is a key step in strengthening the U.S.’s position on Bitcoin. Lummis’s new legislation, backed by several Republican Senators, differs slightly from Trump’s plan. While Lummis advocates for the government to buy 1 million bitcoins over five years, Trump’s executive order focuses on using bitcoin seized by law enforcement, alongside other digital assets from forfeitures, to create a strategic reserve.

David Sacks, Trump’s crypto and AI advisor, reassured that this plan would not cost taxpayers a penny. The government would only use assets already seized through legal proceedings. The order also asks the Treasury and Commerce departments to find ways to acquire more bitcoin without impacting the budget. However,