Senator Cynthia Lummis announced legislation directing the U.S. government to acquire 1 million Bitcoin worth over $68 billion. Lummis said purchasing Bitcoin as a strategic reserve would stabilize the dollar and counter inflation.
Independent presidential candidate Robert F. Kennedy Jr. pledged to purchase 4 million Bitcoin for the U.S. government's reserves if elected. Kennedy outlined an aggressive plan to integrate Bitcoin into the national economy.
Former President Donald Trump pledged to create a US strategic Bitcoin reserve during his speech at the Bitcoin 2024 conference. Trump vowed to make Bitcoin and crypto-friendly policies if elected