According to online reports, more than a dozen crypto industry leaders, including Strategy co-founder Michael Saylor and Marathon Digital Holdings CEO Fred Thiel, will hold a roundtable meeting on Capitol Hill in Washington with Senator Cynthia Lummis and Representative Nick Begich to promote "Strategic Bitcoin Reserve" legislation. The proposal was reintroduced by Lummis in March this year, the "BITCOIN Act", which plans to acquire 1 million bitcoins within five years through a "budget neutral strategy" and establish them as a strategic reserve asset in the United States. The bill is an extension of President Trump's executive order that requires the government to permanently hold Bitcoin, prohibit sales, and place confiscated crypto assets in independent reserves. The bill has currently been submitted to the House Financial Services Committee and the Senate Banking Committee, but no hearing has yet been scheduled. The action follows Congress's passage of the first stablecoin regulation bill and marks a shift of focus by lawmakers to broader regulation of the crypto industry. Industry groups such as the DPN (Digital Power Network) have said they will ensure strategic bitcoin reserves are a priority in Washington.