Per S.4912, US Congress is preparing to purchase one million bitcoins

SEC. 5. Bitcoin Purchase Program.

(a) Establishment.—

(1) IN GENERAL.—The Secretary shall establish a Bitcoin Purchase Program which shall—

(A) purchase not more than 200,000 Bitcoins per year over a 5-year period, for a total acquisition of 1,000,000 Bitcoins;

(B) conduct purchases in a transparent and strategic manner to minimize market disruption; and

(C) hold Bitcoin acquired under this section in trust for the United States, as provided in this section.

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