If passed, the legislation introduced in the Senate would have the Treasury and the Federal Reserve purchase 200,000 tokens each year, for a period of five years. With a million tokens in total, this

President-elect Donald Trump has expressed support for the bitcoin idea, which some economists see as inflationary and costly, depending on its implementation.

Trump's pledge to create a bitcoin stockpile has been one of the bullish developments that's propelled the token to all-time highs since the election.

It is argued that creating a stockpile of bitcoin by the Federal Reserve will reduce the quantity available to others and help appreciate its price.elon must, bitcoin, crypto currency, Solana, Federal Reserve,

The U.S. government already holds more than 208,000 bitcoin, but retaining it is more complicated than might be assumed.