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US Lawmakers Introduce Bipartisan Bill to Establish Strategic Bitcoin Reserve

A bipartisan group of lawmakers in the US House of Representatives have introduced a bill aimed at creating a strategic Bitcoin reserve, which would be managed by the Treasury Department for at least 20 years.

The American Reserve Modernization Act (ARMA) seeks to formally codify President Trump's promise to create such a reserve. The initiative has faced ongoing hurdles since its inception in May 2025, when it was established via executive order.

According to the legislation, the Treasury Department would be responsible for maintaining a stockpile of Bitcoin and other cryptocurrencies held by the government. This includes consolidating what is believed to be billions of dollars in digital assets obtained through forfeitures and penalties.