In a significant shift that could reshape the future of cryptocurrency in the United States, Secretary of Commerce Howard Lutnick has declared that “America is ready for Bitcoin.” His remarks come as part of a larger federal initiative aimed at fast-tracking Bitcoin adoption, boosting energy-efficient mining, and formally recognizing Bitcoin as a major commodity within the U.S. economy.

The Department of Commerce has introduced a new initiative called the Bitcoin Mining Accelerator, designed to support and expedite Bitcoin-related infrastructure across the country. Introduced on March 31, 2025, the program focuses on helping mining companies navigate permitting processes, understand regulations, and introduce operations more efficiently. This statement arrives during a period of increasing momentum for Bitcoin, which recently reached a record price of $109,000 and is expected to rally further in the second quarter.

According to Lutnick, one of the program’s most innovative components is a plan allowing mining companies to build private power plants near natural gas fields. By tapping into waste gas resources, Bitcoin miners can reduce their reliance on traditional energy grids, lowering environmental impact while increasing operational independence. Lutnick believes this approach could accelerate the growth of domestic mining and improve sustainability across the sector.

The Commerce Secretary also made headlines by stating that Bitcoin should be officially classified as a commodity, placing it in the same category as gold and oil. This classification signals a dramatic policy shift and may soon allow Bitcoin to be included in the U.S. Bureau of Economic Affairs’ official economic reporting. If implemented, Bitcoin would become part of America’s gross domestic product and trade data, a move that could further legitimize its role in the national economy.

“Bitcoin’s economic significance is undeniable. It’s time we treat it that way,” Lutnick remarked, emphasizing that the U.S. government is no longer hesitant about supporting the digital asset space. His comments underline a broader change in Washington, especially under the Trump administration’s leadership, which appears determined to foster innovation in both crypto and blockchain technologies.

This renewed focus on Bitcoin comes after years of regulatory uncertainty. Under former President Biden, the crypto industry often faced regulatory roadblocks and enforcement actions. In contrast, the current administration has adopted a more supportive stance, with the Securities and Exchange Commission (SEC) under new leadership. SEC Chair Paul Atkins has already taken steps to dismiss all existing crypto-related legal actions, a move that has fueled optimism within the industry.

Adding further credibility to the administration’s vision is the involvement of AI and crypto advocate David Sacks, who now serves as the national technology and cryptocurrency advisor. Sacks, a vocal supporter of decentralized technologies, is expected to influence future policy to support innovation and economic competitiveness in the digital age.

Lutnick’s message was clear and confident: “When America embraces something, it doesn’t turn back.” With political support, regulatory reform, and investment incentives all pointing in the same direction, Bitcoin’s integration into the American financial system may be closer than ever. As 2025 unfolds, all signs suggest that the United States is not only welcoming Bitcoin—it’s preparing to lead the global charge.