US Bitcoin Reserve Push Accelerates: Lummis Says Funding Can Start Anytime

Senator Cynthia Lummis says funding for the US Bitcoin Reserve can begin now. She posted the update on X on Monday. She cited a legislative “slog” slowing the SBR process.

She wrote that, thanks to President Donald Trump, “the acquisition of funds for an SBR can start anytime.” Her note focuses on authority already in place. It frames the delay as procedural, not structural.

Jeff Park on The Pomp Podcast. Source: Cynthia Lummis on X

This comes seven months after the Executive Order on the Strategic Bitcoin Reserve. The US Bitcoin Reserve remains in formation. Agencies and Congress still define roles and steps.

Strategic Bitcoin Reserve Structure: Treasury Seized Bitcoin and Budget-Neutral Paths

The official fact sheet outlines the Strategic Bitcoin Reserve. It says the Treasury seized Bitcoin will seed the SBR. Those coins come from civil or criminal cases.

The document adds budget-neutral options for more BTC. It states there will be no new costs for taxpayers. It does not list specific tools or agencies.

Therefore, the US Bitcoin Reserve has two channels. First, move Treasury seized Bitcoin into the SBR. Second, add BTC through budget-neutral methods. Those methods await public detail.

BITCOIN Act and Policy Case: Lummis Responds to Jeff Park and Anthony Pompliano

Cynthia Lummis replied to Jeff Park, ProCap BTC CIO, on X. Park posted a clip with Anthony Pompliano on the US Bitcoin Reserve. Lummis called it “a fabulous articulation” supporting the BITCOIN Act.

Her response links the Strategic Bitcoin Reserve to legislation. The BITCOIN Act remains part of the policy path. The Executive Order provides a parallel administrative track.

Park and Pompliano discussed fiscal context and the US Bitcoin Reserve. Lummis amplified that discussion. She tied the argument to the BITCOIN Act timetable.

Numbers in Focus: $1 Trillion Gold Gains and $37.88 Trillion Federal Debt

Jeff Park referenced roughly $1 trillion in paper gains from gold. He asked how those gains could support the Strategic Bitcoin Reserve. He noted federal debt near $37.88 trillion.

Park described a simple return example.

“If you own Bitcoin, and you assume that it’s going to go up by 12% a year, you’ll make a 30x in 30 years,”

he said. He added,

“It’s actually going to be able to cover most of the fiscal deficit hole that exists.”

Anthony Pompliano outlined the market’s watchlist. He told CNBC that government Bitcoin buys matter most. He said the “main dish” is when purchases begin.

Timeline Check: Executive Order Signed, Formation Details Still Pending

The US Bitcoin Reserve started with an Executive Order signed seven months ago. The Strategic Bitcoin Reserve design is not yet final. Agencies have not published custody and flow specifics.

The fact sheet confirms the first source: Treasury seized Bitcoin. It also promises budget-neutral additions to the SBR. It does not define instruments, schedules, or gatekeepers.

Public updates will clarify next steps for the US Bitcoin Reserve. The first signal would be a transfer notice for seized coins. A second would explain budget-neutral acquisition mechanics.

Funding Mechanics: From Treasury Seized Bitcoin to Additional SBR Inflows

The initial inflow uses Treasury seized Bitcoin. That move requires legal clearance and custody setup. It does not create new taxpayer costs.

Additional inflows into the Strategic Bitcoin Reserve must be budget-neutral. The fact sheet leaves options open. It does not commit to swaps, auctions, or program offsets.

Until documents arrive, outside analysis fills gaps on the US Bitcoin Reserve. Park’s math highlighted scale and debt context. Lummis underscored the BITCOIN Act as the legislative anchor.

Policy Signals to Track: Lummis Comments and Government Bitcoin Buys

Cynthia Lummis says SBR funding can “start anytime.” The US Bitcoin Reserve therefore hinges on execution, not permission. Congress still advances the BITCOIN Act in parallel.

Agency notices would confirm movement toward the Strategic Bitcoin Reserve. A seized-coin transfer would mark day one. A rule or memo would define budget-neutral buying.

For now, three points stand. The Executive Order exists. Treasury seized Bitcoin can seed the US Bitcoin Reserve. And the BITCOIN Act remains in process while agencies prepare steps.