# Sen. Lummis Reintroduces BITCOIN Act to Increase BTC Reserve Holdings

*Author: Bankless*
*Published: Mar 11, 2025*
*Source: https://www.bankless.com/read/sen-lummis-reintroduces-bitcoin-act-to-increase-btc-reserve-holdings*

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Sen. Cynthia Lummis brings back her BITCOIN Act with minor changes, aiming to establish a strategic reserve of Bitcoin under the Trump administration's plan with a goal of acquiring 1 million BTC.

## **What’s the Scoop?**
- **Reintroduced Legislation**: The BITCOIN Act was originally proposed in July 2024 and has been reintroduced with some changes.
- **Strategic Reserve**: The act aims to create a strategic reserve of Bitcoin, aligning with plans under the Trump administration.
- **Objective Media Reporting**: The Block, despite investments from firms in the crypto space, continues to provide independent news coverage.
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