Senator Cynthia Lummis confirmed that funding for the U.S. Strategic Bitcoin Reserve (SBR) can begin immediately, though legislative hurdles remain a barrier. In an X post on Monday, Lummis asserted that while the process is challenging, President Trump’s executive order paved the way for initial funding to commence. Senator Lummis emphasized this in response to comments by ProCap BTC chief investment officer Jeff Park, who discussed the potential of the SBR with Bitcoin proponent Anthony Pompliano. Park argued that utilizing the government’s $1 trillion in gold paper gains to invest in Bitcoin could provide leverage, potentially minimizing fiscal risk given the current $37.88 trillion in national debt. Lummis echoed Park’s sentiments, highlighting the SBR’s relevance and potential benefits. The exact mechanism for funding the SBR remains unclear. According to a government fact sheet, initial capital will be sourced from Bitcoin seized through legal means by the Department of Treasury. Further BTC acquisition is possible via budget-neutral methods without incurring additional taxpayer costs. While seven months have passed since President Trump signed an Executive Order establishing the SBR, the reserve’s final details remain in development, leading to ongoing speculation about its launch timeline. Some analysts predict that the government will announce Bitcoin purchases soon. Anthony Pompliano stated that market expectations focus on the U.S. government publicly announcing Bitcoin purchases and establishing a strategic reserve of existing Bitcoin. He anticipates these actions to take place at some point.