US Bitcoin Reserve Could Begin Anytime

Pro-Bitcoin US Senator Cynthia Lummis confirmed that funding for the United States Strategic Bitcoin Reserve could begin anytime now, even though legislative bureaucracy is still slowing it down. In her latest statement on X, Senator Lummis said that despite the ongoing legislative struggle, thanks to President Trump, the acquisition of funds for the Bitcoin reserve could officially start at any moment.

Lummis’s remarks came in response to Jeff Park, the chief investment officer of ProCap BTC, who shared a video conversation between himself and Bitcoin advocate Anthony Pompliano discussing the potential benefits of creating a Strategic Bitcoin Reserve. Park imagined how the US government could use its $1 trillion in paper gains from gold to reinvest into Bitcoin, turning those gold profits into a Bitcoin-based national asset.

Park argued that considering the US government’s $37.88 trillion fiscal debt, investing $1 trillion from gold gains into Bitcoin would carry limited risk. He explained that if Bitcoin continues to grow at an annual rate of around 12%, its value could rise 30 times in 30 years. According to him, this increase could eventually help close the country’s budget deficit.

Senator Lummis praised his idea, calling it “a fantastic explanation of why establishing the Bitcoin Reserve and passing the BITCOIN Act make so much sense.”

Although exact details remain unclear, government documents suggest that the Strategic Bitcoin Reserve will initially be funded with Bitcoin currently held by the US Department of Treasury — Bitcoin that was seized through criminal or civil cases. The plan indicates that additional Bitcoin could later be acquired through budget-neutral methods that won’t impose new costs on taxpayers.

It has now been seven months since President Trump signed the executive order to create the Bitcoin Reserve. However, the specific framework and structure for this Bitcoin project have yet to be finalized, leaving investors and analysts to speculate about when the first government Bitcoin purchase will occur.

Anthony Pompliano said in a CNBC interview that the market is closely watching for three major signals. The first is the expected announcement that the US government will start buying Bitcoin to build its strategic Bitcoin reserve. Pompliano emphasized that while holding Bitcoin assets already seized was important, the real turning point will come when the government begins actively purchasing Bitcoin — a move that could mark a major milestone in national Bitcoin adoption.

Bitcoin continues to be at the center of political, financial, and strategic discussions in the US, and many analysts believe that formal government Bitcoin accumulation could have a historic impact on both market confidence and long-term economic policy.