U.S. Rep Introduces Bipartisan ‘American Reserve Modernization Act’ To Establish Strategic Bitcoin Reserve

U.S. Congressman Nick Begich has introduced the American Reserve Modernization Act, which seeks to establish a Strategic Bitcoin Reserve. Notably, this legislation will explore budget-neutral acquisition strategies to fund the reserve rather than mandating the U.S. to acquire more BTC.

U.S. Lawmakers Introduce Bipartisan Strategic Bitcoin Reserve Bill

In a press release, Rep. Begich, alongside Democratic Congressman Jared Golden, introduced the American Reserve Modernization Act (ARMA) to establish a Strategic Bitcoin Reserve and modernize the way the U.S. manages crypto reserve assets.

The bipartisan crypto bill also has 16 original co-sponsors, signaling significant support for it. This comes after Rep Begich announced plans at the Consensus Conference to reintroduce the Bitcoin Reserve bill under this new name. Earlier, Begich introduced the BITCOIN Act alongside Senator Cynthia Lummis, which also sought to establish a U.S. BTC reserve.

The BITCOIN Act contained a provision mandating that the U.S. Treasury buy 1 million BTC over the next five years for the Strategic Bitcoin Reserve. However, the American Reserve Modernization Act focuses on exploring budget-neutral ways to acquire more BTC for the reserve, in line with U.S. President Donald Trump’s executive order signed last year.

Commenting on the bipartisan bill, Rep Begich said that it positions the U.S. to lead “confidently” in the digital age while protecting taxpayer interests, strengthening financial sovereignty, and reinforcing the principles of transparency. “As the global economy evolves, the United States must embrace policies that protect individual liberty, encourage new innovation systems, and diversify America’s core reserves balance sheet,” he said.

Key Components Of The Bill

The crypto bill establishes a Strategic Bitcoin Reserve within the U.S. Treasury Department alongside a separate crypto stockpile for federally held non-Bitcoin crypto assets. The bill further proposes consolidating the custody and management of digital assets held across federal agencies under the Treasury.

As such, the U.S. Treasury would control the Bitcoin assets that are acquired through forfeitures, penalties, and other lawful government proceedings. Furthermore, the bill requires the Treasury Department to maintain the BTC in the Strategic Bitcoin Reserve for at least 20 years. Meanwhile, the bill also seeks to protect Americans’ digital property rights.

The introduction of the bill also comes as the Trump administration has teased plans to launch the reserve soon. White House crypto adviser Patrick Witt recently said that they will make an announcement regarding this initiative soon.

However, crypto market participants are still betting against the launch of a Strategic Bitcoin Reserve this year. Polymarket data shows only a 32% chance that there will be a U.S. national BTC reserve before the year ends.