#USSeeksStrategicBitcoinReserve

Will the US Add Bitcoin to Its Reserves? The “Digital Fort Knox” Debate Grows

Bitcoin is back on the table in the US ahead of the election. Trump’s speech in Nashville on April 29 — where he said, “If necessary, we won’t sell the seized BTC; we’ll make it a strategic national stockpile” — moved the market. Right after that, Senator Cynthia Lummis’s “BITCOIN Act” bill was brought back onto the committee agenda.

Here are the verified details:
1. Bill details: The US Treasury would acquire 1 million BTC over 5 years. The purchase cost would be covered by “revaluing the Fed’s gold certificates.” The bill was introduced on July 31, 2024 and has not been voted on yet. 2. Current status: US Marshals and DOJ wallets currently hold ∼212,847 BTC. Arkham data is current. This amount makes it the 2nd largest institutional wallet after MicroStrategy. 3. Political support: In 2025, 18 members of Congress publicly stated they support the bill. As the election approaches, both parties are trying to win the “crypto vote.”
What happens if the law passes?
Supply shock: 1M BTC = 5 years of daily miner rewards. OTC desks would dry up and exchange liquidity would drain.
Other countries: If the US also holds reserves after El Salvador, the number of countries challenging the IMF increases. A “reserve race” begins.
Price impact: According to Galaxy Digital’s model, a 1M BTC purchase could trigger a cumulative $3.5T market cap increase. But this would play out over years — don’t expect a daily pump.

If Gate.io launched a “US Bitcoin Reserve” futures contract, it would break volume records for sure 😅 For now, we’re sticking with spot BTC and ETFs. The Congressional calendar in May-June is important; if a vote date comes, volatility will spike.

Do you believe this will happen? Will the US really hoard BTC like gold, or will it remain just an election promise? Let’s hear your thoughts.

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Note: This post is not financial advice. Always do your own research (DYOR).