Senator Lummis’ Bill to Buy 1 Million Bitcoin Gains Support from Trump and 14 Congressmen as Bitcoin Tops $100,000

By: defi news|2025/05/13 20:00:15

Senator Cynthia Lummis has introduced a bill proposing that the United States purchase 1 million Bitcoin. The initiative has garnered support from former President Donald Trump and 14 members of Congress, signaling growing political momentum behind the plan. This development comes as Bitcoin's price surpasses $100,000, although no global superpowers have yet made such purchases. The proposal aims to position the U.S. to acquire a substantial amount of the cryptocurrency amid increasing interest in digital assets.This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz.To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

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