Trump Backs Bitcoin Purchase Legislation

Senator Cynthia Ramis has revealed that President Donald Trump endorses a proposal for the US government to acquire 1 million bitcoins (BTC).

In March, Ramis, a Republican from Wyoming, introduced the Optimized Investment (Bitcoin) Act in the Senate, aimed at fostering innovation, technology, and America’s competitive edge.

If this bill passes, it would create a decentralized network of Bitcoin vaults managed by the Treasury. Additionally, it would initiate a purchasing program for one million BTC, allowing the government to handle about 5% of its top cryptocurrency assets.

In a recent speech, Ramis expressed her excitement about Trump’s support for the Bitcoin Act. She stated, “The Bitcoin Act is the only solution to our country’s $36 trillion debt. We appreciate the president’s awareness and proactive stance on this matter.”

As a longtime proponent of BTC, the Wyoming senator emphasized that this legislation would position the US as a “global leader in financial innovation.”

“As Bitcoin becomes more widely adopted, it will strengthen our system, making it safer and more efficient to meet global demands,” she added. “We should lead in this groundbreaking digital asset space, empowering everyday workers worldwide to take control of their finances.”