Bitcoin Reserve in Focus as Lawmakers and Crypto Leaders Meet
On Tuesday, U.S. lawmakers will host a roundtable with 18 crypto industry leaders, including Michael Saylor, chairman of Strategy, to discuss the next steps for the Strategic Bitcoin Reserve.
The Digital Chambers and its affiliate The Digital Power Network organized the meeting. Discussions will focus on supporting the BITCOIN Act introduced in March by Senator Cynthia Lummis which urges the U.S. government to purchase one million Bitcoin (BTC) over five years.
The Digital Chambers stated:
“The emphasis will be on promoting the Strategic Bitcoin Reserve in a budget-neutral manner and establishing the alliance needed to progress the BITCOIN Act.”
Industry Executives to Pitch Ideas on Funding Strategies
Executives attending the roundtable include:
- Fundstrat CEO Tom Lee (also chairman of BitMine)
- MARA CEO Fred Thiel
The discussion will focus on budget-neutral ways to finance the BTC purchases with no cost to taxpayers. Proposed strategies include:
- Reevaluation of the Treasury’s gold certificates
- Utilizing tariff revenue surpluses
Participants will also learn the key obstacles holding back the BITCOIN Act for the past six months.
Also Read : Nasdaq Wants SEC Approval to List Tokenized Stocks, Pushing Wall Street to Blockchain
Representatives from Bitcoin Miners, VCs, and TradFi Join Roundtable
Executives from leading Bitcoin mining companies will participate, including:
- CleanSpark – Matt Schultz
- MARA – Jayson Browder
- Bitdeer – Haris Basit
- Margeaux Plaisted
Other attendees include:
- Off The Chain Capital
- Reserve One
- eToro US – Andrew McCormick
- Western Alliance Bank – David Fragale, Chief Risk Officer
- Blue Square Wealth – Jay Bluestine
The gathering aims to bridge the worlds of crypto and traditional finance.
Next Big Crypto Bill: Strategic Bitcoin Reserve
Following the GENIUS Act for stablecoins, the BITCOIN Act may become the next major legislative push in the U.S., integrating Bitcoin into official bank reserves.
The roundtable highlighted the growing partnerships between government entities, crypto innovators, and financial institutions to explore ways to incorporate cryptocurrencies into the national financial system.
