Bitcoin Reserve Bill Gains Momentum as Saylor, Lee Meet Congress
U.S. lawmakers are bringing in some of the crypto industry’s most recognized voices as momentum builds behind the proposed Bitcoin reserve bill.
According to advocacy group The Digital Chambers, Michael Saylor, executive chairman of Strategy, and Tom Lee, Fundstrat CEO and chairman of BitMine, are among the 18 executives set to meet with members of Congress on Tuesday.
The closed-door session will center on President Donald Trump’s executive order establishing a Strategic Bitcoin Reserve, a controversial move that could commit the federal government to acquiring one million BTC over the next five years.
The Bitcoin Reserve Bill and the BITCOIN Act
At the heart of the Bitcoin reserve bill discussions is the BITCOIN Act, introduced by Senator Cynthia Lummis in March.
The bill lays out a framework for the U.S. Treasury and Federal Reserve to jointly purchase one million Bitcoin, with the purchases financed through so-called budget-neutral strategies. Proponents argue this ensures taxpayers won’t shoulder the cost, while critics say the mechanisms remain vague and potentially risky.
Trump’s executive order has already instructed relevant agencies to prepare for such purchases. Tuesday’s roundtable, hosted by The Digital Chambers and its affiliate The Digital Power, is expected to address concerns ranging from fiscal responsibility to long-term strategic benefits for the U.S. economy.
Industry Leaders Add Weight to Policy Push
By inviting figures like Saylor—who has turned Strategy into the world’s largest corporate Bitcoin holder—and Lee—long known for his bullish crypto research—lawmakers are signaling that they want the conversation rooted in both policy and market expertise.
Top ten largest corporate BTC holders (Source: Bitcoin Treasuries)
MARA CEO Fred Thiel will also join the talks, adding another voice from the corporate Bitcoin treasury sector.
For advocates, this is a crucial moment to align corporate adoption trends with federal strategy. For skeptics, the lineup of industry insiders highlights just how deeply the crypto sector is invested in shaping U.S. policy.
Political Momentum Builds Around Crypto Reserves
The proposed Bitcoin reserve bill comes amid a broader wave of crypto-related policy shifts in Washington. Congress passed the GENIUS Act earlier this summer to establish a clear framework for stablecoin issuers, and the White House has directed federal agencies to integrate blockchain oversight into financial markets regulation.
Together, these efforts mark a transition from the enforcement-first posture of past administrations to one of more proactive integration. The strategic reserve debate is perhaps the boldest step yet: the idea of treating Bitcoin not just as an asset class but as part of national reserves places digital currency directly into the realm of statecraft.
What Comes Next
While the Tuesday meeting is only one step in the process, the involvement of high-profile executives and lawmakers suggests the Bitcoin reserve bill could move more quickly than many expected. Advocates believe passing the BITCOIN Act would cement U.S. leadership in digital assets, while critics warn of volatility, liquidity risks, and questions about transparency in execution.
Whether Congress can balance those concerns with the ambition of acquiring one million Bitcoin remains to be seen. But with names like Michael Saylor and Tom Lee now at the table, the conversation around Bitcoin’s role in America’s future financial strategy has moved firmly into the mainstream of policy debate.
