U.S. weighs Bitcoin investment as Trump and Senator Lummis Pitch bold plans to reduce debt and boost global influence.


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Promote with Leviathan NewsAxios reports that the U.S. government is actively debating whether to treat bitcoin as a strategic asset akin to gold, amid proposals from former President Donald Trump and Senator Cynthia Lummis to use it as part of a broader plan to manage the federal debt and reinforce U.S. financial power. Trump has publicly floated the idea of a “Strategic National Bitcoin Reserve” and has suggested that accumulating bitcoin, alongside revaluing U.S. gold reserves, could help address the more than $36 trillion national debt without raising taxes. These ideas have moved from campaign rhetoric into concrete policy proposals, with markets and prediction platforms beginning to price in some probability that such a reserve could be created in the near term. Senator Cynthia Lummis, long one of the most vocal bitcoin advocates in Congress, has introduced legislation—the Boosting Innovation, Technology, and Competitiveness through Optimized Investment Nationwide (BITCOIN) Act—that would formalize this strategy by establishing a U.S. Strategic Bitcoin Reserve. Her proposal, in various public explanations, envisions the Treasury acquiring up to 1 million bitcoin over several years, roughly 5% of eventual supply, funded not by new taxes but by reallocating existing federal assets, including Federal Reserve capital, seigniorage profits, and gains unlocked by revaluing U.S. gold holdings to market prices. Advocates frame this as a way to diversify national reserves, hedge against dollar debasement, and strengthen U.S. influence in an emerging “digital asset geopolitics” race, while critics warn of price volatility, legal and operational complexities, and the risk of tying sovereign balance-sheet health to a highly speculative asset class.
AI-generated background, compiled from web sources — not editorial content.

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