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Senator Cynthia Lummis to introduce bill to let US Treasury buy 1 million bitcoins

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2024-07-28 05:06:01
On July 28th, The Block reported that Senator Cynthia Lummis said she would introduce a bill next week that would direct the US Treasury to buy 1 million bitcoins (worth about $69 billion) over five years. She said the move was to offset the impact of a weaker dollar.