Sean Hagan

But, you know, U.S.

regulators are going to regulate.

They want control.

And so I think it's important that we continue to advocate and work through groups like the Bitcoin Policy Institute just to make sure that while regulators are thinking about Bitcoin, they're well informed.

We saw a lot of bad policy in the past.

For example, like lumping in Bitcoin with crypto.

I think that that's a misnomer.

And we're starting to see that change, which has been really encouraging.

So they're, you know, considering Bitcoin a strategic reserve asset for the United States, which is and then it's codified differently than crypto in that executive order, for example.

It actually delineates specifically between the two.

Oh, wow.

That's huge.

Not that I'm aware of.

But on stage today, they said that we should hear some exciting updates to the American Reserve here shortly.

I'm interested to hear what that actually means.

And they're kind of doing like a rebrand, like a remarketing.

They're calling it the American Reserve Modernization Act now, which I think it's actually kind of clever marketing because, you know, most people when they hear Bitcoin Strategic Reserve, they kind of just throw their hands up.

Right.

Why are we buying Bitcoin?

Are we just going to be exit liquidity for these Bitcoiners?