U.S. Bitcoin Reserve Funding Could Begin Soon

Senator Lummis has announced that funding for the U.S. Strategic Bitcoin Reserve could begin immediately, contingent upon Bitcoin hitting a record high of $126,000. The Treasury Department has confirmed current government Bitcoin holdings range from $15 to $20 billion. Senator Lummis attributes this progress to President Trump’s policies and executive orders that have supported the initiative. recent price surges in Bitcoin have pushed its value to record highs.