Momentum Builds: SBR And Bitcoin Act Are Closer Than You Think

Senator Cynthia Lummis said acquisition of funds for a Strategic Bitcoin Reserve can “start anytime,” but actual purchases are not happening ￰1￱ to her post on X the legal path appears open while the steps needed inside government are still moving ￰2￱ have disclosed that bureaucratic work and lawmaking are what Lummis called a “slog.” Lawmaker Says Funding Could Begin Based on reports the plan laid out by the administration would first use Bitcoin already held by the Treasury — coins seized in civil or criminal cases — to seed the ￰3￱ official fact sheet mentions that future buys should be “budget-neutral” and impose no extra cost on ￰4￱ financial voices are floating bolder ￰5￱ BTC’s chief investment officer

Jeff Park discussed a possibility in which the government taps roughly $1 trillion in paper gains from gold to back a move into ￰6￱ is a fabulous articulation of why the SBR and passing the BITCOIN Act makes so much ￰7￱ is a slog and we continue to work toward passage but thanks to President Trump the acquisition of funds for an SBR can start anytime. ￰0￱ — Cynthia Lummis (@CynthiaMLummis) October 6

2025 Park argued that compared with the roughly $37.88 trillion in federal debt taking a measured position with that $1 trillion would be a small ￰8￱ drew a long-term line: if Bitcoin rose at 12% a year an investor could see about 30x in 30 ￰9￱ is a projection not a ￰10￱ Sources Remain Unclear No clear mechanism is in place for how extra Bitcoin would be bought beyond seized ￰11￱ have disclosed phrases like “budget-neutral avenues,” but they do not show a set ￰12￱ mentioned in public conversation range from selling assets to reassigning unrealized gains

but none have legal precedent for use in a strategic reserve of this ￰13￱ uncertainty is why lawmakers and market watchers keep asking for more ￰14￱ has been seven months since US President Donald Trump signed an executive order to create the ￰15￱ move set the policy goal but it did not lay out the rules Treasury will use to ￰16￱ can move according to Lummis but they have not yet put the machine in ￰17￱ Reaction And Outlook Investors and commentators are watching ￰18￱ Pompliano told CNBC that the real market shock would come when the US starts actually buying Bitcoin rather than only sitting on the coins it already ￰19￱ in crypto view any official purchase by the government as a major ￰20￱ the same time

regulators and budget officials will likely demand clear legal authority and an explainable process before spending public ￰21￱ image from VanEck chart from TradingView