Tom Lee, BitMine’s newly appointed chairman, has voiced his endorsement of U.S. Treasury Secretary Janet Yellen’s proposal for a strategic Bitcoin reserve. Lee emphasized the importance of establishing such a reserve as a key step for the United States to maintain its position in the evolving digital landscape. His statement aligns with Secretary Yellen’s plan to utilize confiscated Bitcoin assets, previously seized by the federal government, to build the foundation of this reserve, as outlined in President Trump’s executive order from March. Additionally, the Treasury Department is dedicated to implementing budget-neutral strategies to expand the reserve further, aiming to solidify its position as a global leader in Bitcoin.