Trump Supports US Government’s Plan to Purchase One Million Bitcoin
- President Donald Trump backs the US government buying one million Bitcoin.
- Senator Cynthia Lummis introduced the BITCOIN Act in March.
- The bill proposes a decentralized network of Bitcoin vaults by the Treasury.
- The purchase would allow the US to control about 5% of Bitcoin’s supply.
- Lummis believes this move addresses the $36 trillion national debt.
The BITCOIN Act, supported by President Trump, aims to enable the US government to buy one million Bitcoin, representing roughly 5% of its supply, as a strategy against national debt. Senator Lummis introduced this legislation in March.
Source (2.6)https://dailyhodl.com/2025/05/03/senator-lummis-claims-trump-supports-bill-that-would-direct-us-government-to-purchase-1000000-bitcoin/?rand=59076
