Overview

• Sen. Cynthia Lummis said the government can begin acquiring funds for the Strategic Bitcoin Reserve at any time under the existing executive framework.
• The reserve is set to be seeded with Bitcoin confiscated through civil and criminal forfeitures handled by the Treasury.
• Legislation known as the BITCOIN Act remains pending, leaving the program’s formal structure and acquisition schedule unresolved.
• Proponents outline budget‑neutral pathways for future growth and a separate stockpile for other seized digital assets that could be converted to Bitcoin over time.
• Market watchers say the pivotal moment will be the first confirmed government Bitcoin purchases, which have not been announced.