A new bipartisan crypto bill in the US is bringing back the debate about creating a national Bitcoin reserve. Congressman Nick Begich introduced the American Reserve Modernization Act (ARMA), which would set up a Strategic Bitcoin Reserve managed by the US Treasury Department.
The bill, supported by Democratic Congressman Jared Golden and other co-sponsors, looks for ways to get Bitcoin without increasing government spending.
It does not require big government purchases. This proposal replaces an earlier plan under the BITCOIN Act, which had called for buying one million BTC over five years.
The bill says that Bitcoin collected from forfeitures, penalties, and other legal government actions would go into the reserve and be held for at least 20 years.
It also suggests creating a separate reserve for other cryptocurrencies and wants to bring crypto storage under one system for all federal agencies.
Begich said this plan would help make America’s finances stronger, encourage innovation, and protect taxpayers. The proposal fits with recent pro-crypto messages from President Donald Trump’s administration, which has often suggested creating a national Bitcoin reserve.
Even with more political support, prediction market data shows that many traders still doubt a US Bitcoin reserve will start this year.
America’s reserves balance sheet is a critical component of our nation’s insurance policy, bolstering our currency and providing assurance during times of uncertainty. Over time, the prevailing sentiment as to what constitutes a durable store of value can shift, and as such it is… pic.twitter.com/7XfBwAWFGi
— Congressman Nick Begich (@RepNickBegich) May 21, 2026
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