Strategy founders and other encryption executives will participate in the Washington roundtable meeting to advance the U.S. Strategic Bitcoin Reserve Act.

According to a ChainCatcher message reported by The Block, over a dozen cryptocurrency advocates, including Strategy co-founder Michael Saylor and Marathon Digital Holdings CEO Fred Thiel, will participate in a roundtable discussion in Washington D.C. on Tuesday to advance U.S. strategic Bitcoin reserve legislation. The roundtable is hosted by Republican Senator Cynthia Lummis and Congressman Nick Begich, aiming to promote the “BITCOIN Act” to “enhance innovation, technology, and competitiveness through optimized investment.” This bill was reintroduced in March of this year, planning to acquire 1 million Bitcoins over five years through a “budget-neutral strategy.”