5 Facts about Trump’s Bitcoin Bill: US wants to buy 1 million BTC without disrupting the budget?

Jakarta, Pintu News – The United States’ plan to establish a strategic reserve of Bitcoin (BTC) is getting serious. In a surprise move, US legislators invited 18 key crypto industry figures to discuss the implementation of the Bitcoin Bill (BITCOIN Act) which aims to purchase 1 million BTC in the next five years. The meeting also wanted to ensure that the purchase does not cost the US taxpayer money.

1. Michael Saylor and Tom Lee Directly Support Bitcoin Bill

According to a Cointelegraph report (September 16, 2025), two big names in the crypto world, Michael Saylor (Chairman of MicroStrategy) and Tom Lee (Chairman of BitMine, CEO of Fundstrat), were invited directly to a meeting with US lawmakers.

The two will help strategize how the government can accumulate 1 million BTC – worth around Rp1,883 trillion (USD $115,081/BTC) without burdening the state budget. Saylor has been known as a Bitcoin maximalist, while Tom Lee is active in market research and digital asset advocacy.

Also Read: 5 Shocking Facts about BNB Almost Penetrating Rp15 Million: CZ’s Call to the World Banks!

2. BITCOIN BILL: Plan to Buy 1 Million BTC by the US Government

The BITCOIN Act bill was first introduced by Senator Cynthia Lummis in March 2025. It instructs the US government, through the Federal Reserve and the Treasury Department, to acquire 1 million Bitcoins within the next five years.

However, unlike regular purchases, the bill states that the funds for Bitcoin purchases must come from a budget-neutral strategy – meaning it does not add to the deficit or tax the public.

3. Funding Strategy: No Taxes, No Debt?

According to The Digital Chambers – the organizer of this roundtable – executives will present a number of neutral financing options. Among them are:

• Re-evaluation of the Treasury’s gold certificates
• Utilization of surplus import tariff revenue

The goal is to find non-traditional sources of financing that do not require new debt or additional taxation. This is important for the bill to have cross-party support in the US Congress.

4. Who Attended? From Miners to Banks

The summit will involve various stakeholders from the crypto and traditional finance sectors:

• CEO of CleanSpark, MARA, Bitdeer (Bitcoin miner)
• Off the Chain Capital & Reserve One (venture capital)
• eToro US, Western Alliance Bank, and Blue Square Wealth (TradFi)

The presence of players from both sides – crypto and TradFi – shows that the initiative wants to be inclusive and consider regulatory, economic, and innovation aspects.

5. What is the Main Challenge?

While the idea of the bill is ambitious, executives and lawmakers will also evaluate what obstacles have caused the bill to stagnate over the past six months.

Some possible inhibiting factors are discussed:

• Bitcoin price volatility concerns
• Political debate on “dollar dominance”
• Potential international reaction to this aggressive move

But for its supporters, the establishment of a strategic reserve of Bitcoin is considered necessary to maintain the competitiveness of the American economy in an increasingly digitized global financial system.

Conclusion

The BITCOIN Bill is a big bold – and controversial – step for the United States. With the support of major figures like Michael Saylor and Tom Lee, as well as the participation of the mining, banking, and investment sectors, this move could be a major driver of crypto adoption at the country level.

If successful, the US could become the first country to build a large-scale official Bitcoin reserve, without having to sacrifice fiscal stability.

Also Read: 5 Surprising Monero (XMR) Actions After Breaking Rp4.9 Million Despite the Reorg!

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Reference:

• Brayden Lindrea/Cointelegraph. US lawmakers tap Saylor, Lee to advance Bitcoin reserve bill. Accessed September 16, 2025