The Bitcoin Strategic Reserve Act has gained support from U.S. lawmakers and industry leaders

ChainCatcher news, according to market news, several U.S. Congress members discussed promoting the "BITCOIN Act" with Bitcoin industry leaders on Capitol Hill, proposing that the U.S. government purchase 1 million bitcoins over the next five years to establish a national strategic reserve.

The bill was introduced by Senator Cynthia Lummis and aims to include Bitcoin as a national reserve asset. The meeting also explored ways to purchase bitcoins without increasing the federal budget. Some attendees described the meeting as productive, with the industry pushing for the bill to be included in the policy agenda.