Bipartisan Bill Seeks to Establish Permanent Strategic Bitcoin Reserve

A new bill introduced in Congress aims to establish a permanent strategic bitcoin reserve in the United States. Rep. Nick Begich, R-Alaska, has unveiled the American Reserve Modernization Act (ARMA), which would task the Treasury Department with overseeing the reserve and creating a digital asset stockpile for other federally held cryptocurrencies.

The bill draws on President Trump's 2025 executive order, which called for the creation of a strategic bitcoin reserve. Begich argues that bitcoin has emerged as the dominant store of value in the crypto space, representing about 60% of the market cap. He compares this to gold, which is widely recognized as the dominant precious metal reserve.

The ARMA bill 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. The U.S. government currently holds an estimated 328,372 BTC accumulated through law enforcement seizures.