Michael Saylor and Tom Lee join policy roundtable on budget-neutral Bitcoin purchases
Washington, D.C. — U.S. lawmakers are stepping up efforts to move forward with the proposed BITCOIN Act, enlisting some of the most prominent figures in the crypto sector to shape policy around a Strategic Bitcoin Reserve. The roundtable, scheduled for Tuesday, will feature Michael Saylor, chairman of Strategy, and Tom Lee, CEO of Fundstrat and chairman of BitMine, alongside 16 other executives.
The bill, introduced by Senator Cynthia Lummis earlier this year, aims to see the U.S. acquire one million Bitcoin over five years. The purchases would be managed by the Federal Reserve and Treasury Department, with strict requirements that they remain budget-neutral, ensuring no direct cost to taxpayers.
Building support for the BITCOIN Act
The discussions will be hosted by The Digital Chambers and its affiliate, The Digital Power Network. Industry voices say the meeting is designed to identify workable ways to fund Bitcoin accumulation.
“The focus will be on ensuring the Strategic Bitcoin Reserve is advanced in a budget-neutral way and building the coalition needed to move the BITCOIN Act forward,” a spokesperson from The Digital Chambers noted.
Possible financing models include a reevaluation of gold certificates held by the Treasury and the use of tariff revenues — two strategies already floated among policymakers.
Executives push for momentum
The talks come as momentum for the BITCOIN Act has slowed in recent months. Participants are expected to press lawmakers on what has caused delays and how industry support can address concerns.
“Lawmakers are looking for sustainable, innovative solutions. A Bitcoin reserve could serve as a hedge against inflation and strengthen the dollar’s position globally,” said one executive familiar with the matter.
Broad representation at the table
In addition to Bitcoin advocates, the roundtable will include mining leaders from CleanSpark, MARA, and Bitdeer, venture capital representatives from Off the Chain Capital and Reserve One, as well as voices from Western Alliance Bank and Blue Square Wealth.
By bringing together miners, investors, bankers, and policymakers, Washington hopes to chart a comprehensive path toward establishing the world’s first national Bitcoin reserve — a move that could reshape U.S. monetary policy in the digital age.
Disclaimer
This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.