Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert & block trade
Convert crypto with one click and zero fees
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Senator Lummis Pushes for U.S. Strategic Bitcoin Reserve to Tackle Soaring National Debt

Senator Lummis Pushes for U.S. Strategic Bitcoin Reserve to Tackle Soaring National Debt

DeFi PlanetDeFi Planet2025/11/06 10:27
By:DeFi Planet

Quick Breakdown 

  • Senator Cynthia Lummis urges the creation of a U.S. Strategic Bitcoin Reserve to counter rising national debt.
  • The administration is exploring Bitcoin-backed reserves as long-term fiscal protection amid $37 trillion in debt.
  • Crypto users back the idea, calling Bitcoin a lasting store of value that empowers the working class.

 

U.S. Senator Cynthia Lummis has renewed calls for the creation of a Strategic Bitcoin Reserve (SBR), asserting that Bitcoin could be the nation’s best path to offsetting its mounting $37 trillion debt.

I truly believe the Strategic Bitcoin Reserve is the only solution to offset our national debt.

I applaud @POTUS and his administration for embracing the SBR, and I look forward to getting it done. pic.twitter.com/e24NBOJ3v0

— Senator Cynthia Lummis (@SenLummis) November 5, 2025

In a post on X, Lummis wrote, “I truly believe the Strategic Bitcoin Reserve is the only solution to offset our national debt. I applaud President Donald Trump and his administration for embracing the SBR, and I look forward to getting it done.” Her statement was accompanied by a clip from a Bloomberg Television interview, where she outlined the growing federal interest in Bitcoin-backed reserves.

Exploring Bitcoin as a fiscal hedge

During the interview, Lummis confirmed that while there’s currently no movement toward converting U.S. gold holdings into Bitcoin, the administration is “exploring other ways to have a strategic Bitcoin reserve.” She emphasized that Bitcoin’s limited supply and long-term growth potential make it a strategic asset capable of strengthening America’s financial resilience.

The proposal aligns with Lummis’s longstanding advocacy for digital assets as part of the national fiscal strategy. She has consistently likened Bitcoin to traditional stores of value such as gold and oil—assets historically used to hedge against inflation and preserve purchasing power.

Public reactions reflect divided views

Following her statement, several users weighed in on social media. One user commented,

“I agree with you, but I promise you, POTUS doesn’t have any idea what Bitcoin actually is and probably thinks blockchain is actual metal chains around ‘scary’ minority city blocks. Bitcoin, not crypto.”

Another user added,

Long-term time horizon of stores of value always outperforms the need for instant price action and gratification. So long as $BTC exists, no matter what the price is currently, the working class is winning.”

Meanwhile, Lummis asserts that certain U.S. military divisions, particularly those in Southeast Asia, advocate for Bitcoin as a strategic asset. Her claims notably highlight military support for a national Bitcoin reserve in the context of an “economic war” with China and potential traditional conflicts.

 

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

XRP News Today: Mastercard’s Blockchain Initiative: Regulated Networks Set to Transform International Payments

- Mastercard explores $1.5B-$2B acquisition of MiCAR-licensed crypto infrastructure firm Zerohash to expand Web3 capabilities. - Partners with Ripple to pilot RLUSD stablecoin for credit card settlements on XRP Ledger, enabling instant cross-border transactions. - Zerohash's regulatory compliance and $1B valuation align with Mastercard's strategy to bridge traditional finance and blockchain infrastructure. - RLUSD's NYDFS-backed growth and XRP Ledger integration could reshape global payments while reinforc

Bitget-RWA2025/11/06 12:50

DoorDash Shares Drop 10% as Focus on Growth Reinvestment Outweighs Earnings Outperformance

- DoorDash's stock fell over 10% post-earnings despite $3.45B revenue beat, driven by 25% GOV growth and 21% order increase. - Management signaled $300M+ 2026 AI/tool investments and revised Deliveroo's EBITDA contribution down by $32-40M due to accounting changes. - Analysts cut price targets (Wells Fargo to $239) as $754M adjusted EBITDA (up 41%) was overshadowed by reinvestment concerns despite $723M free cash flow. - 42% YTD gains amplified sell-off sensitivity, with 31 analysts retaining "Moderate Buy

Bitget-RWA2025/11/06 12:50
DoorDash Shares Drop 10% as Focus on Growth Reinvestment Outweighs Earnings Outperformance

Savers Confront a Choice: Lock in Safe 5% Returns or Chase DeFi's Tempting 12%

- Fed rate cuts in 2025 spurred high-yield savings accounts offering up to 5.00% APY, outpacing traditional banks' 0.40% average. - DeFi platforms like ZEROBASE and Maple Finance offer 12-7% APY on stablecoins, but require higher risk tolerance and short liquidity periods. - Banks may reduce APYs if further Fed cuts occur, while FDIC-insured high-yield accounts remain popular for inflation protection. - Alternative assets like Bitcoin and dividend stocks (e.g., Viper Energy's 3.49% yield) show growing comp

Bitget-RWA2025/11/06 12:28
Savers Confront a Choice: Lock in Safe 5% Returns or Chase DeFi's Tempting 12%

Bitcoin News Update: Institutions Remain Wary as Retail Investors Drive Crypto Innovation—The Battle for Dominance Escalates

- Bitcoin fluctuates near $110,000 amid ETF outflows and revised institutional price targets, with long-term holders creating resistance through strategic BTC distributions. - Ethereum and XRP show resilience with ETF inflows and whale activity, while emerging projects like Remittix ($27.8M raised) and Noomez gain traction through innovative tokenomics. - Analysts remain divided: some see $120,000 potential if Bitcoin breaks key averages, while others warn of $72,000 corrections amid macroeconomic uncertai

Bitget-RWA2025/11/06 12:14
Bitcoin News Update: Institutions Remain Wary as Retail Investors Drive Crypto Innovation—The Battle for Dominance Escalates