New Bill Aims to Establish U.S. Strategic Bitcoin Reserve
GOP lawmaker unveils bill to codify a strategic bitcoin reserve

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Rep. Nick Begich (Republican from Alaska) has introduced the American Reserve Modernization Act to create a U.S. strategic bitcoin reserve within the Treasury Department. This initiative seeks to diversify the U.S. reserves and is supported by both parties, aiming to hold approximately 1 million bitcoins, similar to the current gold reserves.
- 01The proposed reserve aims to establish a separate digital asset stockpile distinct from bitcoin.
- 02Rep. Pat Harrigan (Republican from North Carolina) emphasizes the need for a coherent strategy to manage seized bitcoin assets.
- 03The bill is receiving bipartisan support, with over a dozen co-sponsors.
- 04Sen. Cynthia Lummis (Republican from Wyoming) indicates that the Clarity Act, which passed the Senate Banking Committee, may be voted on by mid-June.
- 05The U.S. government's goal is to hold about 5% of the world's bitcoin, equating to around 1 million coins.
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Rep. Nick Begich (Republican from Alaska) has unveiled the American Reserve Modernization Act, a legislative proposal aimed at establishing a strategic bitcoin reserve within the U.S. Treasury Department. This initiative is designed to diversify America's reserves balance sheet and is gaining bipartisan support. The proposed reserve would include a separate stockpile for federally held digital assets, distinct from bitcoin. Begich likened bitcoin to gold, stating it constitutes about 60% of the total cryptocurrency market cap, suggesting it is a predominant store of value. The bill follows an executive order signed by former President Donald Trump in March 2025, which aimed to create a strategic bitcoin reserve to enhance U.S. dominance in the crypto sector. Additionally, Rep. Pat Harrigan highlighted the urgent need for a coherent strategy to manage billions in seized bitcoin currently held by the government. The Senate Banking Committee has also passed the Clarity Act, which may be voted on by mid-June, further indicating the momentum behind cryptocurrency regulation in the U.S. Begich hopes to accumulate approximately 1 million bitcoins, aligning this reserve with the current gold holdings of the U.S. government.
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The establishment of a strategic bitcoin reserve could enhance the U.S. government's financial strategy and influence in the cryptocurrency market.
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