Bitcoin Act: U.S. Plans $1M BTC Reserve to Slash National Debt

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6 months ago bitnews

Senator Cynthia Lummis has introduced the Bitcoin Act of 2024, a proposal to establish a Strategic Bitcoin Reserve for the United States. The plan seeks to acquire 1 million BTC over five years and reduce the national debt by 50% within two decades. By incorporating Bitcoin into its asset strategy, the U.S. aims to position The post Bitcoin Act: U.S. Plans $1M BTC Reserve to Slash National Debt appeared first on Coin Edition .