US lawmakers are preparing to engage with a noteworthy group of 18 executives from the cryptocurrency industry, including influential figures like Strategy chairman Michael Saylor and Fundstrat CEO Tom Lee. The meeting, which is scheduled for Tuesday, aims to explore pathways for Congress to advance President Donald Trump’s Strategic Bitcoin Reserve initiative.
The roundtable is organized by The Digital Chambers, a crypto advocacy group, which announced the attendee list to Cointelegraph. Among those present will be MARA CEO Fred Thiel, underscoring a strong representation from various sectors within the crypto landscape.
Central to the discussions will be the BITCOIN Act, introduced by Senator Cynthia Lummis in March. This proposed legislation seeks to direct the government to acquire one million Bitcoin (BTC) over a five-year period, funded through the Federal Reserve and the Department of the Treasury. The directive from Trump’s executive order requires that these acquisitions be financed in a budget-neutral manner, which will be a focal point of the upcoming discussions.
Participants at the roundtable are expected to share initiatives aimed at facilitating the Bitcoin purchases without imposing a financial burden on taxpayers. The Digital Chambers has emphasized that the discussions will focus on advancing the Strategic Bitcoin Reserve while ensuring budget neutrality, in addition to fostering the necessary coalition to push the BITCOIN Act forward.
A range of budget-neutral strategies is expected to be explored, including the reevaluation of Treasury’s gold certificates and potential uses of tariff revenue. As part of the roundtable, executives will also seek clarity on the reasons behind the stagnation of the BITCOIN Act over the past six months, looking to identify the primary objections that lawmakers have expressed regarding the proposed bill.
The gathering will also feature several executives from the Bitcoin mining sector, such as those from CleanSpark and Bitdeer, alongside leaders from crypto-focused venture capital firms. Representatives from traditional finance, including banks and investment platforms, will also be in attendance to engage in these critical discussions.
The convergence of both crypto industry leaders and lawmakers represents a significant opportunity for dialogue on the future of cryptocurrency regulation, with attention to how the US can strategically harness Bitcoin as a financial asset.
