Bitcoin Advocates Launch ’Treasury Council’ to Drive Corporate Adoption Through Congress
Bitcoin's biggest backers just formed a power move—the Treasury Council hits Capitol Hill to push corporate bitcoin adoption into the mainstream.
Why It Matters
This isn't just another lobbying group. We're talking strategic pressure on lawmakers to clear regulatory roadblocks—making it easier for companies to hold bitcoin on their balance sheets without getting sideways glances from the SEC.
Inside the Strategy
The council plans to bypass traditional finance gatekeepers by taking the case directly to Congress. They're drafting model legislation, educating staffers, and lining up testimony from Fortune 500 finance chiefs who've already dipped into digital reserves.
Corporate Adoption Heating Up
MicroStrategy's billion-dollar bet started the trend. Now everyone from Tesla to Square's sitting on stacks. The council wants to turn that trickle into a flood—because nothing says 'financial innovation' like moving corporate treasury from 0.01% yield bonds to an asset that actually appreciates.
Bottom Line
Wall Street still thinks bitcoin's a speculative toy. This move proves otherwise—serious players are building the infrastructure for real adoption. And if Congress listens? We might finally see corporate America escape the tyranny of negative real yields.
Capitol Hill advocacy push
Over a dozen crypto advocates are meeting with lawmakers on Capitol Hill on Sept. 16 to discuss and advance a Strategic Bitcoin Reserve in a coordinated movement sponsored by The Digital Chamber, Digital Power Network, and the Treasury Council.
The group offers testimony and industry expertise to support legislative advancement.
According to a post by the Digital Power Network, Nick Begich, Pat Harrigan, Michael Rulli, Bernie Moreno, and Marsha Blackburn. All lawmakers present at the meeting have also cosponsored Senator Cynthia Lummis’ reintroduced Bitcoin Act.
The legislation requires the federal government to acquire up to one million Bitcoin over five years, currently valued at approximately $116.5 billion.
Funding through Fed reserves
The initiative WOULD be funded through Federal Reserve net earnings and Treasury certificate adjustments based on gold holdings, with updated valuations covering costs. The bill mandates establishing decentralized Bitcoin storage facilities across the US.
All acquired Bitcoin must be held for at least 20 years, and Treasury Secretaries may not sell more than 10% of their holdings in any two-year period.
President Donald TRUMP signed an executive order on Mar. 6 establishing a Strategic Bitcoin Reserve and Digital Asset Stockpile, directing the federal government to retain forfeited crypto as a long-term store of value.
The order uses approximately 200,000 BTC in government custody as the foundation for the reserve.
Under the current executive order, the government will not actively acquire additional assets beyond seized Bitcoin, disappointing markets that expected immediate purchases.
Treasury Secretary Scott Bessent confirmed the administration seeks budget-neutral strategies to expand Bitcoin holdings without taxpayer costs.
