Lummis Reintroduces the BITCOIN Act to Codify a Federal Bitcoin Reserve
Senator Cynthia Lummis reintroduced the BITCOIN Act after the executive creation of the Strategic Bitcoin Reserve, seeking to codify the reserve in statute and authorize a federal program to acquire one million BTC.
On March 11, 2025, Senator Cynthia Lummis reintroduced the Boosting Innovation, Technology, and Competitiveness through Optimized Investment Nationwide Act, or BITCOIN Act, with five original Senate cosponsors. The bill was presented as a legislative route to make the federal Bitcoin-reserve policy more durable than an executive order alone.
The proposal called for a decentralized network of secure Treasury Bitcoin vaults and a program to acquire one million BTC over time, approximately 5 percent of Bitcoin's fixed 21-million-unit supply. It also included provisions concerning funding sources and private self-custody rights.
The reintroduction was a distinct stage in the reserve story because it moved the debate from executive administration to Congress. Whether or not the bill ultimately became law, it showed that the March 6 reserve order immediately generated an effort to define Bitcoin holdings, acquisition policy, and custody protections through statute.