U.S. military generals are "big supporters" of a strategic Bitcoin reserve, Senator Cynthia Lummis (R-WY) has made the claim.
The senator said she has talked to generals who understand that economic power is as important as military power to address aggressors around the world and strongly support a strategic Bitcoin reserve exactly for this reason.
Lummis made the remarks while addressing the audience at the Bitcoin 2025 conference in Las Vegas on May 26.
Lummis also underlined how China banning Bitcoin mining gave an opportunity to the U.S. to lead the way.
A strategic Bitcoin reserve is the ultimate way of securing geopolitical advantage, Lummis said. She stressed that President Donald Trump supports her Strategic Bitcoin Reserve Act , which mandates the U.S. government to purchase up to 1 million Bitcoin — approximately 5% of the total Bitcoin supply — over five years.
Sen. Lummis also highlighted how state-level adoption of Bitcoin is as crucial as federal-level adoption. She added that Sen. Jim Justice (R-WV) served as the West Virginia Governor, and Sen. Marsha Blackburn (R-TN) will be the next Tennessee Governor, who shared the stage with Lummis.
“States have always been the incubators of innovation,” Lummis said. While states like Arizona, Texas, and New Hampshire have passed strategic Bitcoin reserve bills this year, 30 states are considering it, she highlighted.
Sen. Lummis is one of the loudest pro-crypto political voices in the U.S., who even believes that Bitcoin could address the country's monumental debt of $36 trillion.
As per Kraken , Bitcoin was trading at $109,943 at press time, around 2% lower than the record high of $111,970.17 that it hit on May 22.
Top military generals support national Bitcoin reserve, claims Senator Lummis first appeared on TheStreet on May 27, 2025