Senator Lummis Says US Bitcoin Reserve Funding Is Ready to Begin

Last Updated on October 7, 2025

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Key Takeaways:

  • Senator Cynthia Lummis confirmed that funding for a US Strategic Bitcoin Reserve (SBR) could start anytime, citing President Trump’s prior executive order.
  • The reserve may initially use Bitcoin already held by the Treasury, with potential acquisitions through budget-neutral strategies.
  • Analysts expect formal government Bitcoin purchases soon, signaling a major shift in fiscal strategy.

Senator Cynthia Lummis says funding for a U.S. Strategic Bitcoin Reserve (SBR) could begin “at any time,” though legislative hurdles are still slowing progress. 

In a recent post on X, Lummis credited President Donald Trump for enabling the fund acquisition process while emphasizing that passing the BITCOIN Act remains a key legislative milestone.

Her remarks came after Jeff Park, Chief Investment Officer at ProCap BTC, suggested reinvesting $1 trillion in paper gains from U.S. gold holdings into Bitcoin – an idea he called “a small risk” given the nation’s $37.88 trillion debt

Park argued that long-term Bitcoin appreciation could help close the U.S. fiscal deficit, a view that Lummis described as “a fabulous articulation” of why the SBR and BITCOIN Act make sense.

According to an official government fact sheet, the reserve will initially use Bitcoin already held by the Department of Treasury, sourced from seized assets, before expanding through budget-neutral mechanisms that impose no additional cost to taxpayers

Although President Trump signed an executive order creating the SBR seven months ago, the full implementation timeline remains unclear. 

Analysts like Anthony Pompliano believe market anticipation will peak once the U.S. government begins directly purchasing Bitcoin.

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