US lawmakers are scheduled to meet with 18 crypto industry leaders, including Strategy chairman Michael Saylor, on Tuesday to discuss advancing President Donald Trump’s Strategic Bitcoin Reserve.
Attendees will also feature Fundstrat CEO Tom Lee and MARA CEO Fred Thiel, as noted by the crypto advocacy group The Digital Chambers, which provided the complete list to Cointelegraph on Monday.
The industry executives aim to gain traction for the BITCOIN Act — proposed by US Senator Cynthia Lummis in March — which seeks government acquisition of one million Bitcoin (BTC) over five years.
Funding for these purchases would come from the Federal Reserve and Department of the Treasury, with Trump’s executive order stipulating that financing must be budget-neutral.
The roundtable will be organized by The Digital Chambers and its affiliate, The Digital Power Network, they announced.
The BITCOIN Act could become the primary focus for lawmakers regarding crypto legislation, following their efforts to advance the GENIUS Act stablecoin bill in July.
Bitcoiners to present proposals, seek insights
The Bitcoin industry leaders will propose ways for the US to finance these Bitcoin purchases without burdening taxpayers, according to The Digital Chambers speaking to Cointelegraph.
“The emphasis will be on advancing the Strategic Bitcoin Reserve in a budget-neutral manner and forming the coalition required to push the BITCOIN Act ahead.”
Proposed budget-neutral strategies include reevaluating the Treasury’s gold certificates and utilizing tariff revenues.
They will also look to understand the reasons for the stagnation in momentum regarding the BITCOIN Act over the past six months and identify key objections to the bill from lawmakers.
Bitcoin miners, VC, bankers to also confer with lawmakers
Several Bitcoin mining executives, including CleanSpark’s Matt Schultz and Margeaux Plaisted, MARA’s Jayson Browder, and Bitdeer’s Haris Basit, will join the roundtable as well.
Related: US should fund Bitcoin strategic reserve with tariff surplus: Author
Executives from crypto-focused venture capital firms Off the Chain Capital and Reserve One will be present, alongside Andrew McCormick, head of eToro’s US investment platform.
Representatives from traditional finance, including Western Alliance Bank’s David Fragale and Blue Square Wealth’s Jay Bluestine, will also participate in the roundtable.
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