US lawmakers are set to meet with 18 leading figures from the bitcoin industry, including Strategy chairman Michael Saylor and BitMine’s Tom Lee, to explore ways to advance the BITCOIN Act and establish a Strategic Bitcoin Reserve for the United States.
The roundtable, hosted by The Digital Chambers and The Digital Power Network, will focus on identifying budget-neutral strategies to enable the federal government to acquire one million bitcoin over five years.
The purchases, as outlined in President Donald Trump’s executive order, must not impact taxpayers and would be carried out through the Federal Reserve and Department of the Treasury.
The BITCOIN Act, introduced by Senator Cynthia Lummis in March, is the central legislative proposal under consideration.
Industry leaders to pitch funding solutions
The Digital Chambers explained the meeting’s core objective:
“The focus will be on ensuring the Strategic Bitcoin Reserve is advanced in a budget-neutral way and building the coalition needed to move the BITCOIN Act forward.”
Ideas for budget-neutral funding include reevaluating the Treasury’s gold certificates and leveraging tariff revenue.
Executives will also discuss what has caused recent delays in the bill’s progress and seek to understand the main concerns among lawmakers.
Broader industry representation
The meeting will also include bitcoin mining executives from companies like CleanSpark, MARA, and Bitdeer, as well as representatives from venture capital firms such as Off the Chain Capital and Reserve One.
Traditional finance will be represented by executives from Western Alliance Bank and Blue Square Wealth.
Legislative context and next steps
The BITCOIN Act follows earlier efforts in Congress to pass digital asset-related laws, including the GENIUS Act stablecoin bill.
The outcome of the roundtable may determine the momentum behind the US government’s potential bitcoin reserve acquisition.
