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⚖️ S. 4912

BITCOIN Act (Boosting Innovation, Technology, and Competitiveness through Optimized Investment Nationwide)

Introduced
SponsorsSen. Cynthia Lummis (R-WY)
IntroducedJul 31, 2024
Summary

Directs the U.S. Treasury to purchase up to 1 million Bitcoin over five years and hold them as a strategic reserve for at least 20 years. Funded through revaluation of Federal Reserve gold certificates, with no taxpayer cost. Would establish the United States as the world's largest sovereign Bitcoin holder.

strategic reservetreasurybitcoin
↗ View on Congress.gov
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