US Bitcoin Reserve initiatives have accelerated in recent days as Senator Cynthia Lummis reintroduces legislation for a strategic national Bitcoin reserve, while Japanese company MetaPlanet continues to expand its Bitcoin holdings with new acquisitions. These developments right now highlight the growing institutional confidence in Bitcoin across financial sectors.

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Lummis Bitcoin Bill and MetaPlanet’s BTC Acquisitions—What’s Next for the US Bitcoin Reserve?

US Senator Seizes Opportunity Amid SEC Lawsuits to Advocate for Crypto Regulations
Source: NBC News

Senator Lummis Revives Strategic Bitcoin Reserve Proposal

Senator Lummis has spearheaded efforts by reintroducing her Bitcoin bill that catalyzes US Bitcoin Reserve plans to accumulate 1 million BTC over five years—approximately 5% of Bitcoin’s total supply. The Lummis Bitcoin bill includes various provisions for leveraging $6 billion annually from 2025 to 2029 from Federal Reserve transfers.

Senator Lummis said:

“The BITCOIN Act is the solution to our national debt, and the future of American prosperity.”

The proposal has, at the time of writing, gathered substantial support from key Republicans, aligning with President Trump’s executive order for a national BTC reserve across several governmental departments.

Trump’s Executive Order Establishes Government Bitcoin Stockpile

President Trump’s order has instituted specific protocols whereby the US Bitcoin Reserve will use Bitcoin already owned by the federal government through forfeiture proceedings.

David Sacks, Trump’s crypto advisor, has said:

“The Reserve will be capitalized with Bitcoin owned by the federal government that was forfeited as part of criminal or civil asset forfeiture proceedings. This means it will not cost taxpayers a dime.”

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MetaPlanet Expands Bitcoin Treasury Operations

MetaPlanet has engineered an aggressive Bitcoin acquisition strategy, recently purchasing an additional 162 BTC at an average price of 12,393,669 yen per coin. This brings their total number of Bitcoins to 3,050 BTC, valued at around $899 million. The company has also established some ambitious targets to expand its Bitcoin holdings, aiming to accumulate 10,000 Bitcoin by the end of 2025.

MetaPlanet CEO Simon Gerovich expressed:

“Most people, I think, are a little bit lazy, they are short-term focused. They wanna buy something that can immediately go up 100X, which is why everyone is looking for the next shiny coin. What’s the next Bitcoin? There’s no next Bitcoin…Every time I think about Bitcoin, I get really nervous that we’re running out of time.”

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Market Impact and Future Outlook for US Bitcoin Reserve

These institutional moves toward establishing Bitcoin reserves have catalyzed considerable market movements and contributed to BTC’s recent price surge from $79,000 to $83,000, following Michael Saylor’s tweet:

“Big things are coming.”

The development of the US BTC stockpile and other corporate Bitcoin acquisitions are also expected to influence the market sentiment across several key trading environments. The US Bitcoin Reserve proposal is an important shift in government approaches to cryptocurrency that could also reshape numerous financial frameworks while addressing concerns about market volatility.

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