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Funds Acquisition for Strategic Bitcoin Reserve 'Can Start Anytime', Says Senator Cynthia Lummis

Summary by Seeking Alpha
U.S. Senator Cynthia Lummis said in a post on the social media platform X that the acquisition of funds for a Strategic Bitcoin Reserve "can start anytime".

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The U.S. is approaching the establishment of a government-backed Bitcoin reserve while BTC reaches historic peaks above $126,000. Senator Cynthia Lummis confirmed that funding for a Bitcoin Strategic Reserve (SBR) could begin “at any time,” pointing to a major shift in U.S. policy towards digital assets. The initiative comes after collaboration between the Treasury, the Digital Assets Working Group and private advisers to create a national crypt…

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Cointelegraph broke the news in on Tuesday, October 7, 2025.
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