Senator Lummis Claims Bitcoin Reserves Are the Sole Solution to U.S. National Debt

Senator Lummis Advocates for Bitcoin: Senator Cynthia Lummis proposes a Strategic Bitcoin Reserve as a solution to the U.S. national debt, which exceeds $37 trillion, emphasizing Bitcoin's potential as a long-term hedge against inflation.

Legislative Efforts: Lummis, alongside Congressman Nick Begich, introduced the BITCOIN Act of 2025, aiming to establish a national cryptocurrency strategy that includes purchasing 200,000 BTC annually for five years.

Current Bitcoin Holdings: Reports suggest the U.S. may already possess $14 billion in Bitcoin, potentially recovered from scams, highlighting the growing interest in national Bitcoin reserves among various countries.

Market Conditions: Despite Lummis' advocacy, Bitcoin's price has recently declined, trading around $101,535, indicating ongoing volatility in the cryptocurrency market while political support for Bitcoin continues to grow.