Michael Saylor Attends Capitol Hill Roundtable on 1 Million BTC Treasury

Crypto Roundtable at Capitol Hill

Michael Saylor and other crypto leaders will attend a roundtable this week to push the Bitcoin Act.
The act aims to acquire 1 million BTC for the US Treasury as a strategic reserve asset.
Hosted by Sen. Cynthia Lummis and Rep. Nick Begich, who are sponsoring the bill.
The legislation builds on an executive order signed by President Donald Trump to create a bitcoin stockpile similar to gold reserves.
The US is advised to acquire BTC over five years using "budget neutral strategies."

Legislative Progress and Priorities

The BITCOIN Act is currently under review by the House Financial Services Committee and the Senate Banking Committee.
Hailey Miller from the Digital Power Network emphasizes maintaining the act as a priority in Washington.
Upcoming discussions aim to strategize next steps and build bipartisan support, with current backing only from Republicans.
Congress is also progressing with other crypto-related legislation, including stablecoin regulations.