US Lawmakers Discuss Strategic Bitcoin Reserve in Roundtables

Members of the US House of Representatives and Senate participated in three separate roundtable events this week, engaging directly with prominent cryptocurrency industry executives. The discussions marked a significant step in the ongoing dialogue between policymakers and the digital asset sector, focusing specifically on the establishment of a strategic Bitcoin reserve and comprehensive market structure regulations. These meetings represent the growing recognition among lawmakers that Bitcoin and cryptocurrency policy requires specialized attention and expertise.

The roundtable participants included key political figures such as Alaska Representative Nick Begich and Ohio Senator Bernie Moreno, alongside industry heavyweights like MicroStrategy co-founder Michael Saylor. The presence of both legislative and private sector leaders underscores the collaborative approach being taken to address Bitcoin’s potential role in national financial strategy. The Digital Chamber, along with its affiliates the Digital Power Network and Bitcoin Treasury Council, hosted these critical discussions, providing a neutral ground for productive exchange.

At the heart of Tuesday’s discussions was the BITCOIN Act, a legislative proposal that would establish a strategic Bitcoin reserve for the United States. This initiative draws parallels to the country’s strategic petroleum reserve, suggesting that Bitcoin could serve as a similarly critical national asset. The concept involves the federal government acquiring and holding Bitcoin as part of its treasury management strategy, potentially providing financial security and diversification against traditional market risks.

Michael Saylor, whose company MicroStrategy has pioneered corporate Bitcoin adoption with substantial treasury allocations, brought valuable practical experience to the table. His insights into Bitcoin’s store-of-value characteristics and long-term appreciation potential likely informed discussions about how a national reserve might function. The proposal represents a radical departure from traditional government treasury management but aligns with growing institutional acceptance of Bitcoin as a legitimate asset class.

Hailey Miller, director of government affairs and public policy at Digital Power Network, emphasized the consensus among participants regarding the necessity of a Strategic Bitcoin Reserve law. “Legislators and the executives at yesterday’s roundtable agree, there is a need for a Strategic Bitcoin Reserve law to ensure its longevity for America’s financial future,” Miller told Cointelegraph. This unified perspective suggests strong industry and legislative alignment on the fundamental concept.

The discussions extended beyond the standalone BITCOIN Act to consider how strategic Bitcoin reserves might integrate into existing policy frameworks. Participants explored practical implementation pathways, including potential incorporation into broader cryptocurrency market structure legislation already advancing through Congressional committees. This pragmatic approach recognizes that Bitcoin policy cannot exist in isolation but must coordinate with wider digital asset regulatory efforts.

The focus on “next steps” indicates that these roundtables were not merely exploratory but aimed at developing actionable legislative strategies. By considering how to embed Bitcoin reserve concepts within larger policy packages, lawmakers and industry leaders demonstrate a realistic understanding of the legislative process. This method increases the likelihood of actual policy adoption rather than leaving the BITCOIN Act as a standalone proposal with limited momentum.

The involvement of multiple Congressional members across both chambers suggests bipartisan interest in Bitcoin policy development. While cryptocurrency regulation has often been contentious, the strategic reserve concept appears to be generating unusual consensus. This could signal a new phase in US cryptocurrency policy, where specific, practical applications like treasury management receive more focused attention than broader philosophical debates about digital assets.