House bill would create long-term federal Bitcoin reserve

A bipartisan group of lawmakers in the U.S. House of Representatives introduced legislation on Thursday to formally establish a strategic national reserve for Bitcoin, aiming to lock the federal government’s cryptocurrency holdings into law for decades. The American Reserve Modernization Act (ARMA), spearheaded by Representative Nick Begich of Alaska, would mandate the Treasury Department to create and manage a long-term Bitcoin reserve while consolidating billions of dollars in digital assets already held across various federal agencies.

The bill seeks to place on a permanent statutory footing an initiative begun by President Donald Trump, who signed an executive order in March 2025 to create a strategic Bitcoin reserve. That order, which consolidated seized Bitcoin into a single federal stockpile, has not yet been fully implemented. ARMA would go further by potentially authorizing active purchases and imposing a minimum 20-year holding period for all federally controlled Bitcoin, which would be stored in secure cold storage. The legislation also establishes a separate stockpile for other government-held digital assets.

According to the lawmakers, the United States currently...