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22/05/26 01:32 UTC-04

US Lawmakers Propose ARMA Bill to Create a 1 Million Bitcoin Strategic Reserve

US Representatives Nick Begich and Jared Golden have introduced the American Reserve Modernization Act (ARMA) of 2026 — a bipartisan initiative that, if approved, would establish a US Strategic Bitcoin Reserve to be maintained for at least 20 years.

Key Highlights

  • Congressman Nick Begich introduced ARMA with the goal of purchasing 1 million Bitcoin, reshaping market policy before Congress passes future crypto legislation.
  • By funding the reserve through gold revaluation, the US Treasury would purchase up to 200,000 BTC annually, securing federal ownership of cryptocurrency assets.
  • In line with the March 2025 executive order, ARMA aims to stabilise US markets while Congress develops long-term cryptocurrency policy.

Bipartisan Bitcoin Reserve Bill Introduced in Congress

Alaska Congressman Nick Begich and Maine Congressman Jared Golden announced the introduction of the American Reserve Modernization Act of 2026 (ARMA), which, if enacted, would establish a strategic Bitcoin reserve and codify Americans’ rights to legally use digital assets.

The legislation expands upon the Executive Order on the Establishment of a Strategic Bitcoin Reserve and US Digital Asset Stockpile signed by Donald Trump on 6 March 2025, while introducing several additional provisions.

What ARMA Would Establish

ARMA would create a Bitcoin reserve and a broader digital asset stockpile managed by the US Treasury Department.

The bill also requires all federal agencies to provide full reporting on digital assets held in their possession.

The legislation authorises the Treasury to acquire up to 200,000 Bitcoin annually over five years, targeting a reserve of 1 million BTC under federal management.

The proposal builds on the earlier BITCOIN Act introduced by Senator Cynthia Lummis.

Reserve to Be Funded Through Gold Revaluation

Under ARMA, Bitcoin purchases would be carried out without increasing the federal budget deficit, using gold revaluation gains to finance acquisitions.

The legislation also introduces strict custody standards designed to prevent digital asset losses caused by inadequate security measures.

Statements from the Bill’s Sponsors

Nick Begich stated that ARMA:

“Allows the United States to confidently lead in the digital age while protecting taxpayers’ interests, strengthening financial sovereignty, and reinforcing principles of transparency and sound governance.”

He also emphasised the importance of private property rights within the digital asset ecosystem.

Jared Golden noted that cryptocurrency is no longer the “fringe phenomenon” it once was, and that Congress must establish a clear policy regarding the Bitcoin already held by the United States.

“Administrations have either auctioned them off or held them in reserve depending on executive preferences. By creating a strategic reserve backed by law, ARMA enhances stability and gives Congress more time to craft long-term cryptocurrency policy.”

Similar Proposal Under Discussion in Brazil

A similar bill is currently being discussed in Brazil.

The proposal would allocate up to 5% of the country’s foreign exchange reserves toward purchasing Bitcoin.

It also targets the acquisition of 1 million BTC over a five-year period.

See also: "NVIDIA Quarterly Revenue Exceeds Expectations at More Than $81 Billion"

#Crypto Regulations #Bitcoin (BTC) #USA #Reserve

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