2391: U.S. Strategic Bitcoin Reserve Confirmed - 1M BTC Race Begins

**Justin Verrengia** (0:00)
The Bitcoin race already started, but the biggest player hasn't entered the game yet.
America just broke its silence on the Bitcoin Reserve 16 months after Trump signed the infamous executive order. The answer is finally here. The Reserve wasn't abandoned. It wasn't forgotten. It is being built. Hallelujah. And three of the most powerful departments of the US government are now working to make it happen. We got the Justice Department, the Treasury Department and the Commerce Department all working together to establish a Strategic Bitcoin Reserve for the United States. Think about that. Well, everyone was asking what happened to the Reserve? The government wasn't walking away. It was finding out how to build it. And now the White House has confirmed the structure is still being developed. That matters because America already owns 328,372 bits coin, but owning confiscated Bitcoin and building a permanent National Bitcoin Reserve are two completely different things. One is an accident, and the other is a strategy. And now the United States is trying to turn one into the other. And there's already a bill, thank God, that shows exactly how serious this will become. One million Bitcoin acquired over five years and then held for a minimal of 20 years. That isn't trading, that isn't speculation. This is a generational Bitcoin stockpile. But here's where this gets much bigger. Because America isn't making this move in an empty room. Every nation on earth is watching. Every central bank is watching. Every sovereign wealth fund is watching. And every government that owns zero Bitcoin now has to ask the same question. What happens if the United States gets there first? We all know there's only 21 million Bitcoin. Millions are already lost. Most of the remaining supply is already owned. And yesterday alone, the US bought Bitcoin ETFs, bought another $265 million worth. They practically bought up all the Bitcoin sailors sold for the week. Go figure. Wall Street is still buying. Public companies are still buying. And now the United States government is building a national reserve. This is how game theory begins. Not with every nation announcing it at the same time, but with one nation moving first and every other nation realizing waiting is no longer neutral because once one government starts accumulating Bitcoin, every government without Bitcoin is choosing to stay at zero. And America isn't the only signal. We also have Vanguard, the $12 trillion giant that spent years resisting Bitcoin, now hiring a head of digital assets to build a multi-year roadmap. We also have New Hampshire holding a hearing on a $100 million Bitcoin-backed municipal bond. But look at the bigger picture. The price falls and the institutions keep building. The tourists panic and the ETFs keep buying. The headlines say Bitcoin is dead. And the United States government keeps working on the Strategic Bitcoin Reserve. That's the part people keep missing. Bitcoin adoption doesn't stop because the price falls. It accelerates behind the scenes. The infrastructure gets built, the laws get written, and the reserves get structured. And by the time everyone finally sees it, the move has already happened. 16 months ago, Trump signed the order. Today, Justice, Treasury and Commerce are working to make it real. So, no, the Bitcoin Reserve wasn't abandoned. It wasn't forgotten, and it's definitely not dead. It is being built. And when the United States finally finishes, the question won't be whether other nations follow. The question will be, how much Bitcoin is still left when they do? Now, forget the headlines. Listen to what the White House just confirmed about America's Bitcoin Reserve. US. Justice Department Office of Legal Counsel says, working closely with both the Treasury and the Commerce Departments to establish a strategic Bitcoin Reserve. This is massive, and I love the fact they must hodl for at least five administrations, which is effectively 20 years. That means they can't just reverse course when the next administration takes over, because there's a strong chance it could become democratic. Also, as you can see here, Senator Lummis tells CNBC, the US military now supports her plan to buy that one million Bitcoin, quoting her, we have an economic war with China, and we have to prepare. Strategic Reserve is happening, brand new clip.

**Cynthia Lummis** (4:19)
There are generals, especially in Southeast Asia, who believe it's important to have Strategic Bitcoin stockpile, because we're doing an economic war with China, and we have to prepare for a guns and bullets war. But we need both. And so all we need to do is look to the leadership of the current US military to find support for a Strategic Bitcoin Reserve.

**Justin Verrengia** (4:40)
There you go. Call the troops, call the generals.