Establishes a Strategic Bitcoin Reserve within the Treasury Department to hold forfeited and penalty-derived Bitcoin for at least 20 years, and creates a separate Digital Asset Stockpile for other federal digital assets.

Official title: American Reserve Modernization Act of 2026

Next stop House floor: awaiting a vote

Timeline each lane is a chamber; dates pull from congress.gov actions

House

Introduced 21-MAY-2026

Referred 21-MAY-2026

Approved by committee 16-SEP-2026

Key points

Requires the Treasury Secretary to set up the Strategic Bitcoin Reserve within 180 days after enactment and bars selling its Bitcoin for at least 20 years.
Creates a Digital Asset Stockpile for non-Bitcoin digital assets, with sale proceeds used to buy more Bitcoin for the reserve or reduce the national debt.
Requires quarterly public reports on reserve holdings, backed by a cryptographic attestation checked by an independent auditor.
Allows states to store their Bitcoin in segregated reserve accounts and requires a joint Treasury and Commerce study on budget-neutral Bitcoin purchases.

AI-generated from the Introduced in House text of 21-MAY-2026 · verify · report an error

Official CRS summary

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Committee referrals (1)

Policy area

Finance and Financial Sector

Sponsor Nicholas J. Begich (R-AK) Cosponsors · 23

■ 22 R■ 1 D

1 Democrat

congress.gov page Introduced in House (21-MAY-2026)