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Senator Cynthia Lummis said acquisition of funds for a Strategic Bitcoin Reserve can “start anytime,” but actual purchases are not happening yet.
According to her post on X, the legal path appears open, while the steps needed inside government are still moving slowly.
Reports have disclosed that bureaucratic work and lawmaking are what Lummis called a “slog.”
Lawmaker Says Funding Could Begin
Based on reports, the plan laid out by the administration would first use Bitcoin already held by the Treasury — coins seized in civil or criminal cases — to seed the reserve.
The official fact sheet mentions that future buys should be “budget-neutral” and impose no extra cost on
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