U.S. Senator Cynthia Lummis has claimed that certain factions within the American military are backing the establishment of a national Bitcoin reserve, citing growing concerns over geopolitical and economic conflicts, particularly with China.
In an interview with Bloomberg on June 3, Lummis revealed that several U.S. military generals, especially those stationed in Southeast Asia, support the idea of Bitcoin as a strategic asset. According to her, these military leaders view BTC as essential for navigating what she described as an ongoing “economic war” with China — and potentially preparing for more traditional conflict.
BREAKING: SENATOR LUMMIS TELLS CNBC THE US MILITARY NOW SUPPORTS HER PLAN TO BUY 1 MILLION #BITCOIN
“WE HAVE AN ECONOMIC WAR WITH CHINA AND WE HAVE TO PREPARE.” STRATEGIC RESERVE IS HAPPENING 🔥 pic.twitter.com/g8V8s8UkvX
— The Bitcoin Historian (@pete_rizzo_) June 3, 2025
“All we need to do is look to the leadership of the current U.S. military to find support for a strategic Bitcoin reserve,”
Lummis stated.
“There are generals, especially in Southeast Asia, who believe it’s important to have a strategic Bitcoin stockpile because we’re doing an economic war with China and we have to prepare for a guns and bullets war. But we need both.”
Lummis’ comments come at a time of heightened tensions between the U.S. and China, a rivalry that has been intensified under President Donald Trump’s trade policies. While his administration’s tariffs initially targeted several U.S. trade partners, most were later lifted—except those affecting Chinese goods. A partial trade truce was eventually brokered, but strategic concerns remain, particularly in the realm of digital assets.
U.S. Vice President JD Vance also weighed in on Bitcoin’s role in international strategy during his appearance at the Bitcoin 2025 conference on May 28. Vance stressed the importance of maintaining American dominance in the digital financial sector, framing Bitcoin as a key instrument in the evolving geopolitical and economic landscape.
As debates over digital assets heat up ahead of the 2024 U.S. elections, Lummis’s remarks underscore a growing belief in Bitcoin’s potential not just as an investment asset but as a tool of national strategy.
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