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Home»Bitcoin»Michael Saylor supports Bitcoin Act as US Eyes 1M BTC Reserve
Bitcoin

Michael Saylor supports Bitcoin Act as US Eyes 1M BTC Reserve

2025-09-16No Comments2 Mins Read
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On September 16, a select group of 18 Crypto Industry Executives was set to meet American legislators To disable the details of the Bitcoin Act. This is the proposal to set up a strategic Bitcoin reserve, consisting of 1 million Bitcoin in five years.

The line -up includes Michael Saylor, Fundstrat’s Tom Lee and Mara CEO Fred Thiel. And it is said that their task will be to argue for how the US could collect a million Bitcoin in five years without adding to the federal deficit.

Moreover, they will map out why the bill has stuck in recent months and sketch objections to his institution.

The meeting is organized by the interest group “The Digital Chambers”.

Miners, investors and banks join the table

Beyond the headline speakers, the Roundtable Cleanspark’s Matt Schultz and Margeaux Plaisted, Mara’s Jayson Browder and Haris Basit van Bitdeer will contain.

Moreover, risk capital also gets a seat.

The chain capital and reserve One was expected to be represented during the meeting, alongside Etoro’s American chef Andrew McCormick.

Tradefi in particular was also present, with Jay Bluestine from David Fragale of Western Alliance Bank and Jay Bluestine from Blue Square Wealth.

In the meantime, strategy makes more purchases

Apart from discussions, Michael Saylor is Salently expand his.

Arkham Intelligence even reported that the strategy collected another $ 60 million from BTC for an average price of $ 114,562.

So, that last step increases the interests of the company to $ 73.41 billion in BTC, by far the largest business basket everywhere.

bitcoinbitcoin

Source: Arkham Intelligence

With or without the government’s support, large players are already treating Bitcoin as a strategic active.

See also  Bitcoin bleeds while this group keeps buying the dip - will the trend be reversed?

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