New U.S. Bill Introduced To Codify Strategic Bitcoin Reserve

Rep. Nick Begich introduced the American Reserve Modernization Act to permanently establish a U.S. strategic bitcoin reserve. The legislation would codify a March 2025 executive order and provide a durable legal foundation in statute. The Treasury Department would oversee the reserve and create a separate digital asset stockpile for federally held cryptocurrencies other than bitcoin. The bill has bipartisan support and more than a dozen co-sponsors. It authorizes Treasury to acquire up to 200,000 BTC per year for five years, targeting 1 million bitcoin, about 5% of global supply. All holdings would be locked for at least 20 years. The U.S. already holds an estimated 328,372 BTC from law enforcement seizures, including Silk Road and the 2022 Bitfinex hack recovery.

"Rep. Nick Begich, R-Alaska, introduced legislation Thursday to permanently establish a U.S. strategic bitcoin reserve, unveiling the American Reserve Modernization Act (ARMA) - a bill designed to codify President Donald Trump's March 2025 executive order and give the reserve a durable legal foundation in statute."

"The measure, which has garnered bipartisan support and more than a dozen co-sponsors in Congress, would task the Treasury Department with overseeing the reserve while creating a separate digital asset stockpile for federally held cryptocurrencies other than bitcoin."

"The updated legislation would authorize the Treasury to acquire up to 200,000 BTC per year for five years - targeting a total of 1 million bitcoin, or roughly 5% of global supply - with all holdings locked for a minimum of 20 years."

""When you look at gold, it is the dominant precious metal reserve," Begich told Fox Business. "When you look at bitcoin, it represents about 60% of all market cap for the entire crypto space. So the market has decided, in the case of gold and in the case of bitcoin, that this will be the predominant store of value within that asset class.""

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