US Senator Proposes National Bitcoin Reserve, Aiming for 1 Million BTC in Five Years

On March 26, at the Digital Chamber Blockchain Summit, Senator Bernie Moreno proposed that the U.S. establish a national Bitcoin reserve, advocating for the acquisition of 1 million BTC over five years. This initiative aims to bolster the U.S.'s financial standing in the digital currency landscape. A bill to formalize this reserve is targeted for passage by August. While legal analysts estimate a 30% chance of the U.S. buying Bitcoin this year, crypto analysts like Mathew Sigel suggest a 50-60% likelihood, citing bipartisan support. The proposal mirrors recent efforts like the Bitcoin Act of 2025 and Trump's executive order. Senator Moreno views Bitcoin as crucial for maintaining U.S. leadership in global finance, potentially influencing international perceptions of cryptocurrency and currency itself. The outcome of this proposal could significantly impact the U.S.'s approach to digital assets.