Republican Rep. Nick Begich introduced the American Reserve Modernization Act (ARMA), a bipartisan proposal that would make the U.S. Strategic Bitcoin (BTC) Reserve into permanent law and establish a framework for government-held digital asset management. This initiative was introduced on May 21, 2026 with Democrat Jared Golden.
This project aims to give legal continuity to the reserve fund created by the March 2025 Executive Order. Prevent future administrations from unilaterally overturning it. To achieve this objective, ARMA proposes to transfer all digital assets currently managed by federal agencies to the Treasury Department.
The legislation contemplates the creation of a strategic Bitcoin reserve and, separately, the creation of deposits for digital assets other than BTC. Additionally, the government owns Bitcoin. Must be stored for at least 20 years, Sales are only allowed in limited circumstances, such as in measures aimed at reducing public debt.
ARMA also introduces independent audits, quarterly public reserve reporting, and parliamentary oversight. Added to this is an instruction to research mechanisms. Allow holdings to expand without increasing taxesissue new debt or increase the deficit.
The proposal, as reported by CriptoNoticias, recovers elements of a previous effort promoted by Cynthia Lummis and Begich, proposing to purchase up to 200,000 BTC per year over five years. This brings the US reserves up to 1 million Bitcoins, which is about 5% of the total supply. but, You don’t need to get the current version right away We focus on consolidating and protecting existing assets.
However, please remember The project still needs to pass through legislative committeesbefore becoming law, it will be voted on in the House of Representatives and ultimately reconciled with the Senate. Additionally, retaining Bitcoin as a strategic asset continues to be a subject of debate due to its volatility and questions about whether assets with these characteristics should be integrated into sovereign reserves alongside traditional instruments such as gold.
Notably, the U.S. Already holds one of the world’s largest national Bitcoin reserves. The holdings are estimated to be between 198,000 and more than 328,000 BTC, primarily acquired through seizures and judicial proceedings related to incidents such as Silk Road and the Bitfinex hack. The value of these reserves reaches tens of billions of dollars.
For now, ARMA signals a shift in American political discourse. The focus is no longer just on what to do with the seized Bitcoins, but whether these assets should be permanently integrated into national fiscal strategies. If the project goes ahead, it could ease pressure for a government sale and strengthen the view of Bitcoin as a national reserve asset, which other countries may increasingly take notice of.
(Tag Translate)Bitcoin (BTC)
