Welcome to our official resource page for the US Strategic Bitcoin Reserve initiative.
Overview
The US Strategic Bitcoin Reserve (SBR) is a proposed initiative aimed at establishing a reserve of Bitcoin by the US government to act as a hedge against inflation, enhance national security, and bolster the country's economic stability in a digital asset era.
Senator Cynthia Lummis introduced a bill aimed at setting up a strategic Bitcoin reserve, which would involve the U.S. government acquiring up to 200,000 Bitcoin annually for five years, potentially culminating in holding about 1 million BTC, approximately 5% of Bitcoin's total supply. This proposal is part of broader efforts to make Bitcoin a recognized asset in the U.S. financial system.
Bipartisan Interest: There's growing bipartisan support for the concept of a strategic Bitcoin reserve. Democratic Representative Ro Khanna has publicly endorsed the idea, suggesting that Bitcoin seized by the U.S. government should be held as a reserve asset rather than sold, indicating a wider acceptance across the aisle.
12-7-24