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The United States could start acquiring funds for the Strategic Bitcoin Reserve at “anytime”, according to pro-crypto Senator Cynthia Lummis, who proposed the initiative last year. Summary Senator Cynthia Lummis says the U.S. can begin funding its Strategic Bitcoin Reserve “anytime.” President Donald Trump signed an executive order in March 2025 to establish an SBR.  Funding for the U.S. Bitcoin reserve is set to come from seized assets and budget-neutral channels. After months of quiet, Lummis has confirmed that the U.S. government is set to fund the strategic Bitcoin reserve, and that the process could begin at any moment, in an Oct. 7 X post. “Legislating 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,” the Senator said, without disclosing any other details. Her comment came in response to a video shared by ProCap BTC chief investment officer Jeff Park, where he was discussing the idea of leveraging the government’s unrealized gains from gold holdings to take a long-term position in Bitcoin as a way to address the national debt. According to Park, the U.S. government holds roughly $1 trillion in unrealised paper gains from its gold reserves, while facing a national debt of approximately $37.88 trillion. “If you own Bitcoin, and you assume that it’s going to go up by 12% a year, you’ll make a 30x in 30 years,” he said, as he suggested reallocating a portion of those unrealized gold gains into Bitcoin. “This is a fabulous articulation of why the SBR and passing the BITCOIN Act makes so much sense,” Lummis said in response. President Donald Trump, who signed Lummis’s bill over seven months ago, has previously floated the idea of using Bitcoin and other cryptocurrencies to pay off U.S.…

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Filed under: News - @ October 7, 2025 6:26 am