Senators Cassidy and Lummis roll out "Mined in America Act", seek to formalize a Strategic Bitcoin Reserve

Sens. Bill Cassidy and Cynthia Lummis introduced the "Mined in America Act," legislation aimed at expanding U.S. digital asset mining and establishing a Strategic Bitcoin Reserve within the Department of the Treasury. The proposal would create a voluntary "Mined in America" certification program for cryptocurrency mining facilities and mining pools, administered by the Department of Commerce. To qualify, certified operations would be required to phase out mining hardware produced by companies linked to foreign adversaries. The bill also seeks to speed the transition using existing federal energy, industrial, and rural programs, rather than creating new spending authorities. It directs the National Institute of Standards and Technology and the Manufacturing Extension Partnership to support U.S. manufacturers in developing secure, energy-efficient mining equipment. Supporters say the measure is designed to harden supply chains and reduce dependence on foreign-made rigs. The brief cites that about 97% of global mining hardware is sourced from China even as the U.S. accounts for roughly 38% of global hash rate. Backed by the Satoshi Action Fund, the effort signals a push to onshore Bitcoin infrastructure and position the U.S. as a leading hub for digital assets.