U.S. Lawmaker Unveils Bill to Codify Strategic Bitcoin Reserve, Draws Bipartisan Support
Bitcoin Magazine
Rep. Nick Begich introduced the American Reserve Modernization Act to create a permanent U.S. strategic bitcoin reserve with bipartisan support.Summary
Rep. Nick Begich (R-Alaska) has introduced the American Reserve Modernization Act (ARMA) to provide a legal foundation for a U.S. strategic bitcoin reserve. Building on a March 2025 executive order, the bill aims to authorize the Treasury to acquire up to 200,000 BTC annually over five years, targeting a total of 1 million BTC. The legislation seeks to manage existing government-seized assets more effectively and has gained bipartisan support in Congress.
(Source：Bitcoin Magazine)