Key Takeaways:
- US military leaders, especially in Southeast Asia, reportedly support a strategic Bitcoin reserve to prepare for economic and military tensions with China.
- Senator Cynthia Lummis highlighted this support, citing the need for both economic and traditional defense strategies.
- The topic gains further weight amid rising US-China tensions and growing political advocacy for US crypto leadership from figures like Donald Trump and JD Vance.
Amid escalating tensions between the U.S. and China, U.S. Senator Cynthia Lummis revealed that some high-ranking U.S. military officials – particularly those stationed in Southeast Asia – support the idea of a strategic Bitcoin reserve.
In a June 3 interview, Lummis said these military leaders view Bitcoin as a vital asset in economic warfare with China, emphasizing the need to prepare for both financial and physical conflict.
BREAKING: SENATOR LUMMIS TELLS CNBC THE US MILITARY NOW SUPPORTS HER PLAN TO BUY 1 MILLION #BITCOIN
— The Bitcoin Historian (@pete_rizzo_) June 3, 2025
"WE HAVE AN ECONOMIC WAR WITH CHINA AND WE HAVE TO PREPARE." STRATEGIC RESERVE IS HAPPENING 🔥 pic.twitter.com/g8V8s8UkvX
The U.S. Department of Defense has not commented on the matter.
Lummis’s remarks come as former President Donald Trump campaigns on a crypto-forward platform, pledging to make the U.S. the “world capital of crypto” and warning that China could dominate the space if America fails to act.
Though China has banned most crypto activities since 2021, it continues to invest heavily in blockchain and its digital yuan.
U.S. Vice President JD Vance echoed these concerns at Bitcoin 2025, stressing Bitcoin’s strategic value in maintaining American dominance in global finance.
The discussion reflects a broader push within U.S. leadership to incorporate Bitcoin into national strategy amid growing geopolitical uncertainty.