United States Crypto Reserve May Launch Soon, Says Senator Cynthia Lummis

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The United States Strategic Bitcoin Reserve (SBR), once seen as a distant dream, may soon turn into reality. According to Senator Cynthia Lummis, one of Washington’s most vocal crypto advocates, the government could begin funding the reserve “anytime now.” The only barrier, she noted, is the “slow crawl of legislative procedures” in Congress.

Lummis remarked X, responding to a discussion between ProCap BTC’s Jeff Park and Bitcoin supporter Anthony Pompliano, who debated how the U.S. could leverage profits from its gold reserves to invest in Bitcoin.

A “Fabulous” Case for the Bitcoin Act

During their discussion, Park proposed a scenario in which the government taps into roughly $1 trillion in unrealized gains from gold and reallocates that into Bitcoin. With the U.S. national debt now exceeding $37.8 trillion, Park argued that such a move could be a “minor risk with enormous upside potential.”

Senator Lummis praised the idea, calling it “a fabulous articulation” of why both the Bitcoin Reserve and the BITCOIN Act make sense. Her endorsement highlights the growing political support for Bitcoin as a strategic asset, a potential hedge within the U.S. government’s financial portfolio, much like gold has been for decades.

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From Seized Bitcoin to Strategic Reserve

Under President Donald Trump’s executive order, signed seven months ago, the Strategic Bitcoin Reserve will initially be funded using Bitcoin already owned by the U.S. Treasury, primarily those seized in criminal or civil cases.

Additional Bitcoin acquisitions, Lummis explained, would be conducted through budget-neutral avenues, ensuring no additional burden on U.S. taxpayers. While the operational framework is still being finalized, this move signals that the United States could soon start managing Bitcoin as a formal national asset.

United States Crypto Reserve

Crypto analyst Anthony Pompliano recently told CNBC that the market is waiting for the true catalyst, not just the creation of the Strategic Bitcoin Reserve, but the moment the U.S. government actually begins buying Bitcoin.

If and when that happens, it would mark a historic turning point in global financial strategy, where Bitcoin joins gold as part of America’s financial backbone. The establishment of the U.S. Strategic Bitcoin Reserve could signal the beginning of large-scale institutional Bitcoin adoption, positioning the U.S. as a leader in the global Bitcoin economy.

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