Key Takeaways
- Senator Lummis advocates for a U.S. Bitcoin reserve after Trump win.
- Trump proposed a national Bitcoin reserve at a July conference.
- Lummis signals support for Trump's pro-Bitcoin policy stance.
Senator Cynthia Lummis, a prominent Bitcoin supporter, reacted to Donald Trump’s recent presidential victory with a call to establish a federal Bitcoin reserve.
In a tweet posted just 48 minutes ago, Lummis declared:
WE ARE GOING TO BUILD A STRATEGIC BITCOIN RESERVE 🇺🇸 🇺🇸 🇺🇸
This tweet is directly supporting Trump’s previous interest in the idea.
Trump & the Bitcoin reserve
Trump initially proposed a Bitcoin reserve in July during the Bitcoin conference in Nashville, where he highlighted the potential of a national Bitcoin reserve and underscored the need to bolster Bitcoin mining operations within the U.S.
This plan, as he explained, would be part of a broader strategy to strengthen U.S. economic resilience and Bitcoin industry influence globally.
Other tweet
In a separate tweet two hours ago, Lummis stated:
The future is ₿right
This was hinting at the potential benefits of Trump’s anticipated pro-Bitcoin policies.
Trump’s stance on Bitcoin marks a distinct shift in the administration’s view, with promises to foster regulatory frameworks that encourage Bitcoin growth and investment within the U.S.
Lummis, who has long advocated for Bitcoin adoption in the U.S., seems ready to champion these initiatives as Trump prepares to implement his pro-Bitcoin agenda.
