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Analysis: The new version of the Bitcoin Bill still proposes buying 1 million BTC within 5 years, using ESF assets to purchase BTC.

BlockBeats News, March 13th, according to Bitcoin Laws, a website focused on tracking U.S. digital asset legislation, U.S. Senator Cynthia Lummis' reintroduced Bitcoin bill to the Senate remains the same as the previous version, proposing the purchase of 1 million bitcoins within 5 years, but with several key differences.


· The 2025 version of the Bitcoin bill sets a more stringent plan to purchase 200,000 bitcoins annually (instead of the "up to" 200,000 bitcoins in the 2024 version). The new version also strengthens the holding requirement and removes the previous exception for repaying federal debt instruments.


· The bill adds a provision coordinating Bitcoin purchases with the Exchange Stabilization Fund (ESF), which was not mentioned in the 2024 version. The ESF is a reserve fund of the U.S. Department of the Treasury with approximately $39 billion in assets, and the executive branch's Bitcoin purchases may utilize this fund.


· In terms of gold revaluation, the new version clearly stipulates that the proceeds from revaluing federal reserve gold should be used to purchase Bitcoin, while the 2024 version only included these funds in the general fund, marking a significant change.

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