🚀🚀🚀Sen. Lummis Reintroduces Bitcoin Act, Which Would Allow US to Buy $80 Billion in $BTC

“By transforming the president's visionary executive action into enduring law, we can ensure that our nation will harness the full potential of digital innovation to address our national debt while maintaining our competitive edge in the global economy,” Lummis said in a statement shared with Decrypt.

👉The BITCOIN Act would codify President Trump’s Bitcoin reserve plan—but also take it a step

👉Sen. Cynthia Lummis (R-WY) introduced a bill in the U.S. Senate Tuesday that would authorize the U.S. government to buy up one million additional Bitcoin and codify President Donald Trump’s pledged strategic Bitcoin reserve.

👉The bill, dubbed the BITCOIN Act, already has five cosponsors in the Senate, all Republicans.

👉They include Jim Justice (R-WV), Tommy Tuberville (R-AL), Roger Marshall (R-KS), Marsha Blackburn (R-TN), and Bernie Moreno (R-OH), whose election to the Senate in November was aided considerably by pro-crypto super PACs.

👉Rep. Nick Begich (R-AK) also plans to introduce companion legislation in the House of Representatives on Tuesday mirroring the BITCOIN Act.#CryptoCPIWatch #BITCOINACT