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In a stunning aerial showcase, 1,000 drones simultaneously formed the classic Bitcoin symbol "₿" in the night sky. The widely publicized event is now a bullish indicator of Bitcoin's near-term mainstream adoption.

A tweet by Gemini shows the illuminated fleet of drones at their pre-launch location, illustrating the colossal scale of the operation.

The event coincided with legislative efforts to integrate Bitcoin into the U.S. financial framework.

On March 6, President Donald Trump announced an executive order to create a Strategic Bitcoin Reserve and a U.S. Digital Asset Stockpile, which he claimed would make America the leader in digital asset management.

The reserve will be funded via Bitcoin seized in criminal or civil forfeiture actions, and Bitcoin will be considered a strategic reserve asset. Congressman Byron Donalds is also trying to codify this executive order into law.

On March 11, Senator Cynthia Lummis announced she would reintroduce the Bitcoin Act. According to Lummis, a strategic Bitcoin reserve could use Bitcoin to pay down the $36.2 trillion U.S. debt and cut the debt in half over 20 years without relying on taxpayer's money. However, many experts have criticized her approach.

According to Time , economist Stephen Cecchetti has warned against the dangers of basing investment on a volatile asset, saying it is like playing poker with a credit card. He said, "It increases the likelihood that credit rating agencies would downgrade the U.S., increasing the cost of borrowing."

According to Kraken's price feeds , Bitcoin is currently trading at $83,820.06, up 1.38% in the past 24 hours.