{"id":528711,"date":"2025-09-16T14:30:13","date_gmt":"2025-09-16T09:00:13","guid":{"rendered":"https:\/\/ambcrypto.com\/?p=528711"},"modified":"2025-09-16T19:57:40","modified_gmt":"2025-09-16T14:27:40","slug":"michael-saylor-backs-bitcoin-act-as-u-s-eyes-1m-btc-reserve","status":"publish","type":"post","link":"https:\/\/ambcrypto.com\/michael-saylor-backs-bitcoin-act-as-u-s-eyes-1m-btc-reserve\/","title":{"rendered":"Michael Saylor backs BITCOIN Act as U.S. eyes 1M BTC reserve"},"content":{"rendered":"<article class=\"text-token-text-primary w-full focus:outline-none scroll-mt-[calc(var(--header-height)+min(200px,max(70px,20svh)))]\" dir=\"auto\" data-turn-id=\"285ba6d2-cc25-49dc-8578-9ac1be01321b\" data-testid=\"conversation-turn-2\" data-scroll-anchor=\"true\" data-turn=\"assistant\">\n<div class=\"text-base my-auto mx-auto pb-10 [--thread-content-margin:--spacing(4)] thread-sm:[--thread-content-margin:--spacing(6)] thread-lg:[--thread-content-margin:--spacing(16)] px-(--thread-content-margin)\">\n<div class=\"[--thread-content-max-width:40rem] thread-lg:[--thread-content-max-width:48rem] mx-auto max-w-(--thread-content-max-width) flex-1 group\/turn-messages focus-visible:outline-hidden relative flex w-full min-w-0 flex-col agent-turn\">\n<div class=\"flex max-w-full flex-col grow\">\n<div class=\"min-h-8 text-message relative flex w-full flex-col items-end gap-2 text-start break-words whitespace-normal [.text-message+&amp;]:mt-5\" dir=\"auto\" data-message-author-role=\"assistant\" data-message-id=\"55a42c12-c889-4706-8e1c-a23a8ccfb6fa\" data-message-model-slug=\"gpt-5\">\n<div class=\"flex w-full flex-col gap-1 empty:hidden first:pt-[3px]\">\n<div class=\"markdown prose dark:prose-invert w-full break-words light markdown-new-styling\">\n<h2 data-start=\"0\" data-end=\"412\">Key Takeaways<\/h2>\n<h3 data-start=\"0\" data-end=\"412\"><em>What is the BITCOIN Act?<\/em><\/h3>\n<p data-start=\"0\" data-end=\"412\" data-is-last-node=\"\" data-is-only-node=\"\">The BITCOIN Act is a new proposal to create a U.S. Strategic Bitcoin Reserve, aiming to collect 1 million BTC over five years.<\/p>\n<h3 data-start=\"0\" data-end=\"412\"><em>Who is involved in discussions about the BITCOIN Act?<\/em><\/h3>\n<p data-start=\"0\" data-end=\"412\" data-is-last-node=\"\" data-is-only-node=\"\">Top crypto executives like Michael Saylor and Tom Lee, mining companies, banks, and venture capital firms are meeting with U.S. lawmakers to support and shape the proposal.<\/p>\n<hr \/>\n<p data-start=\"0\" data-end=\"412\" data-is-last-node=\"\" data-is-only-node=\"\">Washington is about to get more of <a href=\"https:\/\/ambcrypto.com\/category\/bitcoin-news\/\" target=\"_blank\" rel=\"noopener\">Bitcoin [BTC]<\/a>!<\/p>\n<p data-start=\"0\" data-end=\"412\" data-is-last-node=\"\" data-is-only-node=\"\">Some of crypto\u2019s most influential names &#8211; including Michael Saylor and Wall Street veteran Tom Lee &#8211; are sitting down with lawmakers to discuss the newly floated BITCOIN Act.<\/p>\n<p data-start=\"0\" data-end=\"412\" data-is-last-node=\"\" data-is-only-node=\"\">The proposal is a bold plan for the U.S. to build a massive Bitcoin reserve.<\/p>\n<p data-start=\"0\" data-end=\"412\" data-is-last-node=\"\" data-is-only-node=\"\">And with fresh buys and rising political interest backing the narrative, the timing is interesting.<\/p>\n<h2 data-start=\"0\" data-end=\"412\"><strong>U.S. lawmakers are courting crypto&#8217;s biggest voices<\/strong><\/h2>\n<article class=\"text-token-text-primary w-full focus:outline-none scroll-mt-[calc(var(--header-height)+min(200px,max(70px,20svh)))]\" dir=\"auto\" data-turn-id=\"request-WEB:5dab768b-3d9d-45a6-bb48-86604e4e37f8-1\" data-testid=\"conversation-turn-4\" data-scroll-anchor=\"true\" data-turn=\"assistant\">\n<div class=\"text-base my-auto mx-auto pb-10 [--thread-content-margin:--spacing(4)] thread-sm:[--thread-content-margin:--spacing(6)] thread-lg:[--thread-content-margin:--spacing(16)] px-(--thread-content-margin)\">\n<div class=\"[--thread-content-max-width:40rem] thread-lg:[--thread-content-max-width:48rem] mx-auto max-w-(--thread-content-max-width) flex-1 group\/turn-messages focus-visible:outline-hidden relative flex w-full min-w-0 flex-col agent-turn\">\n<div class=\"flex max-w-full flex-col grow\">\n<div class=\"min-h-8 text-message relative flex w-full flex-col items-end gap-2 text-start break-words whitespace-normal [.text-message+&amp;]:mt-5\" dir=\"auto\" data-message-author-role=\"assistant\" data-message-id=\"f2be2b5d-ca95-48fb-a63b-a94555f8349d\" data-message-model-slug=\"gpt-5\">\n<div class=\"flex w-full flex-col gap-1 empty:hidden first:pt-[3px]\">\n<div class=\"markdown prose dark:prose-invert w-full break-words light markdown-new-styling\">\n<p data-start=\"48\" data-end=\"685\" data-is-last-node=\"\" data-is-only-node=\"\">On the 16th of September, a select group of 18 crypto industry executives <a href=\"https:\/\/x.com\/BitcoinMagazine\/status\/1967701346376933795\" target=\"_blank\" rel=\"noopener\">will sit with U.S. lawmakers<\/a> to hash out the details of the BITCOIN Act, introduced by Senator Cynthia Lummis.<\/p>\n<p data-start=\"48\" data-end=\"685\" data-is-last-node=\"\" data-is-only-node=\"\">This is the proposal to create a Strategic Bitcoin Reserve &#8211; 1 million Bitcoin over five years.<\/p>\n<p data-start=\"48\" data-end=\"685\" data-is-last-node=\"\" data-is-only-node=\"\">The lineup includes Strategy\u2019s Michael Saylor, Fundstrat\u2019s Tom Lee, and MARA CEO Fred Thiel. Their task will be to make the case for how the U.S. could accumulate one million Bitcoin over five years without adding to the federal deficit.<\/p>\n<p data-start=\"48\" data-end=\"685\" data-is-last-node=\"\" data-is-only-node=\"\"><span style=\"font-weight: 400;\">The group will also review the legislative delays over the past six months and address the main objections to implementing the Act.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The meeting will be hosted by the advocacy organization The Digital Chamber.<\/span><\/p>\n<h2 data-start=\"48\" data-end=\"685\"><strong>Miners, investors and banks join the table<\/strong><\/h2>\n<p data-start=\"48\" data-end=\"685\" data-is-last-node=\"\" data-is-only-node=\"\">It\u2019s not just Bitcoin evangelists making their case in Washington. The roundtable will also feature CleanSpark\u2019s Matt Schultz and Margeaux Plaisted, MARA\u2019s Jayson Browder, and Bitdeer\u2019s Haris Basit.<\/p>\n<p><span style=\"font-weight: 400;\">Venture capital firms are joining the conversation as well, with Off the Chain Capital and Reserve One in attendance. They&#8217;ll be joined by Andrew McCormick, U.S. chief of eToro.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Even traditional finance (TradFi) is weighing in: David Fragale of Western Alliance Bank and Jay Bluestine of Blue Square Wealth are also set to participate.<\/span><\/p>\n<h2 data-start=\"48\" data-end=\"685\"><strong>Strategy makes more purchases<\/strong><\/h2>\n<p data-start=\"48\" data-end=\"685\" data-is-last-node=\"\" data-is-only-node=\"\">Discussions aside, Michael Saylor is <a href=\"https:\/\/x.com\/arkham\/status\/1967622282752491893\" target=\"_blank\" rel=\"noopener\">quietly expanding his own.<\/a><\/p>\n<p data-start=\"48\" data-end=\"685\" data-is-last-node=\"\" data-is-only-node=\"\">On the 15th of September, Arkham Intelligence reported that Strategy scooped up another $60 million worth of BTC, at an average price of $114,562.<\/p>\n<p data-start=\"48\" data-end=\"685\" data-is-last-node=\"\" data-is-only-node=\"\">That latest move lifts the firm\u2019s holdings to $73.41 billion in BTC, by far <a href=\"https:\/\/ambcrypto.com\/microstrategy-hits-28-btc-buys-but-its-bigger-bitcoin-play-is-yet-to-come\/\" target=\"_blank\" rel=\"noopener\">the largest corporate treasury anywhere.<\/a><\/p>\n<figure id=\"attachment_528715\" aria-describedby=\"caption-attachment-528715\" style=\"width: 2560px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/09\/G05l9wbWUAA0HPw-scaled.jpg\"><img decoding=\"async\" class=\"size-full wp-image-528715\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/09\/G05l9wbWUAA0HPw-scaled.jpg\" alt=\"bitcoin\" width=\"2560\" height=\"1287\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/09\/G05l9wbWUAA0HPw-scaled.jpg 2560w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/09\/G05l9wbWUAA0HPw-300x151.jpg 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/09\/G05l9wbWUAA0HPw-1024x515.jpg 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/09\/G05l9wbWUAA0HPw-768x386.jpg 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/09\/G05l9wbWUAA0HPw-1536x772.jpg 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/09\/G05l9wbWUAA0HPw-2048x1029.jpg 2048w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/09\/G05l9wbWUAA0HPw-1200x603.jpg 1200w\" sizes=\"(max-width: 2560px) 100vw, 2560px\" \/><\/a><figcaption id=\"caption-attachment-528715\" class=\"wp-caption-text\">Source: Arkham Intelligence<\/figcaption><\/figure>\n<p data-start=\"48\" data-end=\"685\" data-is-last-node=\"\" data-is-only-node=\"\">With or without government backing, major players are already treating Bitcoin as a strategic asset.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"flex min-h-[46px] justify-start\"><\/div>\n<\/div>\n<\/div>\n<\/article>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/article>\n","protected":false},"excerpt":{"rendered":"<p>Crypto leaders and TradFi executives will gather in Washington to push for a 1 million BTC U.S. reserve.<\/p>\n","protected":false},"author":114,"featured_media":528718,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"footnotes":""},"categories":[35,360,66,3,4,20],"tags":[],"class_list":["post-528711","post","type-post","status-publish","format-standard","has-post-thumbnail","category-bitcoin-news","category-btc-trading-view","category-new-news","category-news","category-social","category-trading-view"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.4) - 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