Strategy and Marathon Push US Plan for One Million Bitcoin Reserve

A new push is underway in Washington that could see the United States amass one of the largest Bitcoin reserves in history.

Lawmakers, industry leaders, and policy advocates will gather on Capitol Hill this week to discuss legislation that proposes the federal government acquire one million bitcoins as part of a long-term strategic reserve.

Industry Leaders Back the Proposal

The initiative is drawing heavyweight support from the crypto sector. Michael Saylor, co-founder of Strategy, and Fred Thiel, CEO of Marathon Digital Holdings, will be among the more than a dozen advocates meeting with lawmakers on Tuesday. The roundtable will be hosted by Senator Cynthia Lummis and Representative Nick Begich, both Republicans sponsoring the bill.

Hailey Miller, policy director at the Digital Power Network (DPN), said the measure aims to create a “strategic bitcoin reserve,” similar in spirit to the U.S. gold holdings that underpin financial stability.

The Bitcoin Act Returns

Senator Lummis reintroduced the BITCOIN Act earlier this year, formally titled the “Boosting Innovation, Technology, and Competitiveness through Optimized Investment Nationwide Act.” If approved, the bill would legally recognize Bitcoin as a strategic reserve asset. The measure also builds on former President Donald Trump’s executive order directing the government to permanently hold forfeited crypto assets rather than liquidate them.

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How the Reserve Would Work

The legislation outlines a plan for the U.S. to acquire one million BTC over five years, relying on so-called “budget neutral strategies” rather than new spending. In practice, this would mean gradually accumulating Bitcoin through mechanisms that offset costs, while ensuring holdings remain untouched even if seized through criminal or civil proceedings.

Why It Matters

If the proposal succeeds, the U.S. would become one of the world’s largest sovereign holders of Bitcoin, signaling an unprecedented endorsement of digital assets at the federal level. Proponents argue this would secure America’s leadership in the evolving global economy, while critics are likely to question its fiscal and monetary implications.

The upcoming roundtable on Capitol Hill will test political appetite for such a bold step, as the conversation over Bitcoin’s role in national reserves continues to gain momentum.