Sponsors
11 Republican
Nick Begich IIIRep. · AK
This legislation establishes a Strategic Bitcoin Reserve and a separate Digital Asset Stockpile within the Department of the Treasury to manage the federal government's digital holdings. It mandates a minimum 20-year holding period for acquired Bitcoin, implements a cryptographic 'Proof of Reserve' system for public audits, permits voluntary state-level custody partnerships, and requires a study on budget-neutral acquisition strategies such as converting other seized digital assets or revaluing Federal Reserve gold certificates.
This bill is highly pro-crypto because it formalizes the role of Bitcoin as a strategic sovereign reserve asset, placing it on par with gold for national financial security. By establishing a dedicated Strategic Bitcoin Reserve with a strict 20-year holding period, the bill signals long-term institutional backing and prevents the government from dumping seized coins on the open market, reducing downward price pressure. The introduction of a cryptographic 'Proof of Reserve' system brings unprecedented transparency to public finances and validates the unique utility of blockchain-based verification. Furthermore, Section 10 explicitly protects private property rights, affirming self-custody as a fundamental right linked to financial sovereignty, privacy, and personal liberty. These provisions collectively advance mainstream crypto adoption, enhance regulatory clarity, and legally safeguard private participation in the digital asset economy.
Every member who has sponsored, cosponsored or voted on this bill. Pick a vote to see how each member voted on it, or narrow by party, name or state.
1 Republican
19 Republicans · 1 Democrat
