"Treasury Considers Bitcoin as a Strategic Reserve Asset, Backed by Crypto Execs"

The U.S. House of Representatives is expected to see a new legislative proposal from prominent figures in the cryptocurrency industry aimed at introducing a framework for the inclusion of Bitcoin in official U.S. Treasury reserve assets. Michael Saylor, CEO of MicroStrategy, and several other senior executives from the crypto space are reportedly preparing to advocate for the bill in Washington, D.C. The proposed legislation seeks to establish a legal pathway for the U.S. government to hold and manage Bitcoin as part of its foreign exchange reserves.

The initiative is part of a broader movement among institutional investors and corporate leaders to normalize the treatment of Bitcoin as a legitimate reserve asset. Saylor has previously expressed strong support for Bitcoin as a store of value and has positioned his company as one of the largest corporate holders of the cryptocurrency. With the backing of multiple high-profile executives, the bill is expected to include provisions that define the legal and regulatory responsibilities associated with holding Bitcoin in the Treasury portfolio.

Supporters of the proposal argue that the U.S. could benefit from diversifying its reserve assets beyond traditional currencies and gold. Bitcoin, with its decentralized nature and growing acceptance among institutional investors, is seen as a potential hedge against inflation and currency devaluation in a rapidly evolving economic landscape. The bill is also expected to address concerns over custody, taxation, and the legal status of digital assets within federal government holdings.

While no official draft of the legislation has yet been made public, insiders suggest that it will likely include mechanisms for the U.S. Treasury to evaluate and manage Bitcoin as a strategic asset. The bill may also establish a framework for future expansion into other cryptocurrencies, although the current focus remains on Bitcoin. This development marks a significant shift in the U.S. government’s approach to digital assets and reflects growing institutional confidence in the long-term viability of cryptocurrencies as part of the global financial system.

The timing of the proposal aligns with increasing regulatory scrutiny and legislative activity around crypto assets. Lawmakers are under pressure to balance innovation with consumer protection and financial stability. While the proposal is still in its early stages, its introduction in Congress could trigger broader debates over the role of cryptocurrencies in national and international finance. The outcome of these discussions will likely influence the trajectory of crypto adoption in both the public and private sectors.