Lummis: Bitcoin Reserve Funding Can Launch Despite Delays

Senator Lummis: Bitcoin Reserve Funding Can Launch Despite Delays

Written by Aaron S.,

Editor-In-Chief

Last Updated: October 07, 2025

Key Takeaways

Senator Cynthia Lummis says funding for a US Bitcoin Reserve could begin anytime, though legislative hurdles are slowing progress;
Jeff Park proposed using $1 trillion in gold paper gains to invest in Bitcoin as a small risk compared to the $37.88 trillion US debt;
The reserve may begin with Bitcoin seized by the Treasury, but the full funding methods remain unclear and are under discussion.

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Senator Cynthia Lummis has said that funding efforts for a US Strategic Bitcoin Reserve (SBR) could begin at any time.

However, Lummis also noted that legislative procedures are causing delays. Her statement came in response to a video shared by Jeff Park, Chief Investment Officer at ProCap BTC.

In the video, Park and Bitcoin advocate Anthony Pompliano discussed how the US government might use unrealized gains from its gold holdings to invest in Bitcoin.

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Park suggested that using around $1 trillion in paper profits from gold would be a small risk when compared to the government’s overall debt, which is about $37.88 trillion.

He explained that if Bitcoin BTC $122,034.85 increases in value by roughly 12% annually, it could yield a 30-fold return over three decades. According to Park, this kind of long-term growth could help reduce the country’s budget shortfall.

Lummis stated that the video is a strong case for establishing the reserve and supporting the BITCOIN Act.

At this stage, the method of raising funds for the reserve remains uncertain. According to official government information, the reserve would start with Bitcoin currently held by the US Treasury, assets taken through legal seizures.

Additional Bitcoin could be added later through funding approaches that do not increase taxpayer costs.

Lummis has been working to address the issue of fraud tied to crypto ATMs in the upcoming market structure bill. What did she say? Read the full story.