In a recent appearance on Bloomberg TV, Wyoming’s own Senator Cynthia Lummis once again proved why she’s earned the nickname “the crypto cowgirl.”
Lummis praised President Trump’s creation of the U.S. Strategic Bitcoin Reserve (SBR), a groundbreaking initiative she helped shape and now champions as a cornerstone of America’s financial future.
“Bitcoin is digital gold,” Lummis said, describing the SBR as a modern-day Fort Knox built for the digital age. The reserve, funded entirely through government-seized Bitcoin, not taxpayer dollars, marks a first-of-its-kind move to safeguard national wealth while countering the ballooning $37 trillion federal debt.
Lummis dismissed old-world ideas like converting gold holdings, instead highlighting innovation over taxation. Her message: America can lead the world in digital finance while delivering long-term value for citizens through strategic, smart asset management.
The SBR follows President Trump’s March 2025 executive order, which locked away over 200,000 Bitcoin seized by federal agencies, prohibiting future sell-offs after billions were lost in previous disposals. The policy, coupled with the creation of a U.S. Digital Asset Stockpile for Ethereum, XRP, and other tokens, cements America’s role as a forward-leaning crypto powerhouse.
Lummis, a longtime advocate for responsible Bitcoin adoption, introduced legislation earlier this year to codify the reserve into law, reinforcing her stance that Bitcoin’s limited supply offers real protection against inflation and runaway government spending.
While skeptics warn of volatility, Lummis countered with optimism: “If we hold and build strategically, Bitcoin’s long-term appreciation can strengthen our balance sheet and our sovereignty.”
It’s a distinctly Wyoming kind of logic: Pragmatic, independent, and willing to bet on the frontier.
What It Means for Wyoming
For Wyoming, this moment hits close to home. No state has done more to bridge the gap between the West and crypto than the Cowboy State. From chartering the first digital asset banks to building a legal framework that attracted crypto startups long before Washington caught on.
Lummis’s leadership continues that legacy, ensuring Wyoming remains the proving ground for national crypto policy. Whether it’s the next wave of Bitcoin custody firms in Cheyenne or blockchain payment systems being tested in Teton County, this federal recognition validates years of work that started right here.
If the Strategic Bitcoin Reserve delivers on its promise, Wyoming’s reputation as “the Silicon Range” of digital finance just got a major boost.
AntlersArch founder and the voice behind Teton Tattle.
