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November 5, 2025cryptonews logocryptonews

US Bitcoin Reserve Is ‘Only Solution’ to Offset National Debt: Sen. Cynthia Lummis

￰0￱ Lummis says a Strategic Bitcoin Reserve can help tackle the US’ swelling debt load, calling it the only path that meaningfully offsets the ￰1￱ praised President Trump and his team for embracing the idea and said she is eager to see it through to the finish ￰2￱ remarks this week, Lummis said she believes the reserve would grow in value over time and act as a balance sheet ￰3￱ added that the administration is considering structures beyond revaluing gold certificates and swapping them for Bitcoin, noting that the Treasury and the White House are reviewing ￰4￱ Reviewing Alternatives to Gold Revaluation for Bitcoin Reserve Setup: Lummis In a recent Bloomberg interview , Lummis said officials are exploring ways to establish a reserve without relying solely on gold ￰5￱ said Treasury Secretary Scott Bessent and White House staff are working through those details and that she welcomes their support for a strategic reserve built around Bitcoin.

I truly believe the Strategic Bitcoin Reserve is the only solution to offset our national debt. I applaud @POTUS and his administration for embracing the SBR, and I look forward to getting it ￰6￱ — Senator Cynthia Lummis (@SenLummis) November 5, 2025 The senator has signaled ￰7￱ month, she said the buying framework for a reserve could begin at any time and credited President Trump for creating the conditions to move ￰8￱ described the legislative process as slow, but said the funding mechanism does not have to ￰9￱ New Spending Planned as Bitcoin Reserve to Draw From Seized Assets Questions remain about ￰10￱ has not outlined a comprehensive plan for how the government would capitalize the reserve.

However, the administration’s March fact sheet said the reserve would start with Bitcoin already controlled by the Treasury through criminal or civil ￰11￱ base has since grown ￰12￱ the record-breaking forfeiture of nearly 130,000 BTC tied to criminal cases, US Bitcoin reserves have climbed to over $34b at current prices, giving the government one of the largest known sovereign holdings ￰13￱ fact sheet also said additional Bitcoin could be added through budget-neutral strategies that avoid new taxpayer ￰14￱ approach aligns with guidance from the Treasury in August, when Secretary Bessent said the government would not purchase Bitcoin outright for the reserve and would instead rely on confiscated assets as the initial store of ￰15￱ endorsed that view at the time , calling a budget-neutral path the right way ￰16￱ also suggested that revaluing the nation’s gold holdings to current market prices and transferring the uplift could help build the ￰17￱ Momentum Builds as Washington Weighs Bitcoin’s Role in National Strategy Momentum has grown in policy circles since March, when President Trump signed an executive order to establish the ￰18￱ directive sparked speculation that government wallets could begin to accumulate Bitcoin more visibly in the months ￰19￱ strategists see a policy arc ￰20￱ Digital’s head of research Alex Thorn said the US could formalize the reserve framework before the end of 2025 , pointing to broader bipartisan recognition of Bitcoin as both a store of value and a financial ￰21￱ argue a reserve could diversify sovereign assets and provide an inflation-resilient ￰22￱ will want clearer guardrails, including custody, transparency and rules for drawdowns, before any large-scale accumulation proceeds.

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