The Bitcoin Act envisions the U.S. government purchasing one million Bitcoins over the next five years. These acquisitions would be budget-neutral, financed by the Federal Reserve and the Treasury Department. The bill, led by Senator Cynthia Lummis, also aims to make Trump’s limited presidential reserve permanent and Congress-approved. 

Roundtable and Participants 

The meeting on Tuesday will include Strategy founder Michael Saylor, BitMine CEO Tom Lee, and Marathon Digital CEO Fred Thiel. Executives from mining companies such as CleanSpark, MARA, and Bitdeer will also participate. Representatives from crypto venture capital firms and investment platforms will share their insights. 

Participants will discuss how to execute budget-neutral Bitcoin purchases and strategies to secure legislative support. Treasury gold certificates and tariff revenue reuse are among the proposed methods. 

Strategic Reserve and Legislative Process 

Proposals from the meeting aim to plan Bitcoin purchases at 200,000 BTC per year over five years. The bill is expected to first go through the House Financial Services Committee, then the Senate Banking Committee, before a full vote. Washington-based lobbying groups like The Digital Chamber will also attend. The goal is to strengthen the Strategic Bitcoin Reserve without burdening U.S. taxpayers and secure bipartisan support. 

Key Points of the Bitcoin Act: 

• Acquisition of one million Bitcoins as a strategic reserve 
• Annual purchases of 200,000 BTC over five years 
• Budget-neutral financing without taxpayer burden 

The bill is currently at the committee level, with further work ongoing to pass it through Congress. Experts say Lummis and her team will prioritize securing bipartisan support. 

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