Cassidy, Lummis Introduce Bill to Boost U.S. Digital Asset Mining, Back President Trump’s Strategic Bitcoin Reserve

WASHINGTON - U.S. Senators Bill Cassidy, M.D. (R-LA) and Cynthia Lummis (R-WY) introduced the Mined in America Act to bring critical digital infrastructure back to the United States. Additionally, this bill codifies President Donald Trump's Executive Order to establish a Strategic Bitcoin Reserve.

"Digital asset mining is a big part of our economy. We should be doing it here in America," said Dr. Cassidy. "This bill will secure supply chains, back U.S. manufacturing, and support this industry."

"President Trump pledged to make the United States the digital asset capital of the world- and we're not backing down," said Senator Lummis. "The Mined in America Act brings this industry home through forward-thinking initiatives to secure our financial future. I'm proud to join Senator Cassidy to ensure the future of digital assets is built right here in America."

BACKGROUND

1. Creates a voluntary "Mined in America" certification: Directs the Department of Commerce to establish a voluntary certification program for cryptocurrency mining facilities and mining pools.

2. Phases out foreign adversary-linked mining hardware: Certified facilities must transition away from mining equipment manufactured by companies tied to foreign adversaries.

3. Uses existing federal energy and rural programs to support the transition: Integrates certified projects into existing federal programs rather than creating new spending authorities.

4. Supports domestic manufacturing of mining hardware: Directs the National Institute of Standards and Technology and the Manufacturing Extension Partnership to help U.S. manufacturers develop secure and energy-efficient cryptocurrency mining equipment.

5. Codifies President Trump's Strategic Bitcoin Reserve: Establishes a Strategic Bitcoin Reserve within the Department of the Treasury.

The Mined in America Act is supported by the Satoshi Action Fund.

"America controls 38 percent of the world's Bitcoin hash rate, but 97 percent of the hardware powering it comes from China. That is not leadership, that is a liability. The Mined in America Act breaks that dependency by building a virtuous cycle of domestic manufacturing, certified mining operations, grid-strengthening energy infrastructure, and a pipeline to the Strategic Bitcoin Reserve. If we are serious about leading on Bitcoin, we cannot let adversaries hold the keys to our supply chain," said Dennis Porter, CEO and Co-Founder of Satoshi Action Fund.

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