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Senator Lummis Revives Bitcoin Act, Aims for $82B BTC

3/13/2025

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Summary

Story summary

Republican Senator Cynthia Lummis is reigniting the Bitcoin conversation with her reintroduction of the BITCOIN ACT, inspired by President Trump's executive order. The ambitious plan seeks to acquire one million BTC, worth a staggering $82 billion, over five years, secured in Treasury-managed vaults with strict selling limitations. This bold initiative has garnered support from several fellow Republican senators.

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Story summary

Republican Senator Cynthia Lummis is reigniting the Bitcoin conversation with her reintroduction of the BITCOIN ACT, inspired by President Trump's executive order. The ambitious plan seeks to acquire one million BTC, worth a staggering $82 billion, over five years, secured in Treasury-managed vaults with strict selling limitations. This bold initiative has garnered support from several fellow Republican senators.