Overview

• Senator Cynthia Lummis said the government can start acquiring funds for the Strategic Bitcoin Reserve at any time, citing executive backing from President Trump.
• No new purchases have been disclosed beyond the Treasury’s seized Bitcoin holdings, and the BITCOIN Act to formalize authorities remains pending in Congress.
• Official materials say the reserve will be seeded with Bitcoin already held by the Treasury, with public estimates near 198,000 BTC worth roughly $24–$25 billion.
• Future acquisitions are described as budget‑neutral with no added cost to taxpayers, though specific legal mechanisms have not been finalized and Treasury signals have been mixed.
• Private proposals, including using unrealized gains on U.S. gold reserves to fund purchases, are being discussed in public forums, and optimism around potential accumulation has coincided with Bitcoin reaching a record near $126,000.