Senator Cynthia Lummis confirms funds can start for US Strategic Bitcoin Reserve (SBR) anytime, facing legislative hurdles. ProCap BTC’s Jeff Park discusses reinvesting $1 trillion paper gains from gold into Bitcoin. Lummis praises the idea, emphasizing the importance of the SBR. Government plans to capitalize the reserve with seized BTC to avoid cost to taxpayers. President Trump signed Executive Order for SBR seven months ago, but specifics remain uncertain. Speculation rises on potential government BTC purchases. Anthony Pompliano anticipates US government announcement of Bitcoin purchase.
Read more at Cointelegraph: Senator Lummis Says Strategic Bitcoin Reserve Buys Could Happen Any Time
