Lawmakers in the US have introduced a new bipartisan bill to tie the country’s Bitcoin reserve to an official strategy. This bill, announced on Thursday, envisages the purchase of approximately 1 million Bitcoins over a five-year period.
The bill was announced as the American Reserve Modernization Act of 2026 (ARMA). Within the scope of this regulation, it is planned to establish a strategic Bitcoin reserve within the US Treasury Department and a stock of other digital assets to be held at the federal level. Congressman Nick Begich, the main sponsor of the bill, stated that this structure will lead to a more centralized and long-term approach to the management of crypto assets.
ARMA’s goals and budget approach
Patrick Witt serves as an advisor to the Digital Assets Council. Witt described this regulation as an improved version of the BITCOIN Act, which was previously brought to the agenda. It was noted that the White House is conducting a detailed review of the legal framework of the Bitcoin reserve. It has been reported that the USA currently has the most BTC among states, with 328,372 Bitcoins, but some assets have been sold by court order over the years.
Congressman Jared Golden said, “The United States is already one of the largest holders of Bitcoin in the world. But there has never been a clear policy at the federal level on what to do with this asset.” he said.
“Long-term protection of Bitcoin assets at the US level and strategic management for national interests constitutes one of the most critical steps of this law,” Jared Golden said in his statement about the bill.
Under ARMA, Bitcoin reserves will be required to be held for at least 20 years. Only sales aimed at reducing the country’s national debt will be allowed. It was emphasized that the total national debt of the USA exceeded 39 trillion dollars and in this context, the Bitcoin reserve is also economically important.
This bill is designed to be budget neutral; In other words, it was aimed not to use taxpayer funds for Bitcoin purchases. While the aim is to acquire a total of 1 million BTC in the five-year period, the method and timing of purchasing this amount will depend on specific market strategies.
House of Representatives member Mike Carey argued that the importance of digital assets is increasing every year and that this regulation will strengthen the US economy in the long term and keep the country ahead in global competition.
On the other hand, Strive’s CEO Matt Cole stated that ARMA may be the most important crypto legislation to come out of Washington. Strive operates in the field of crypto-based investments and fund management.
Mini dictionary: ARMA (American Reserve Modernization Act) is a bill that envisions the USA creating a central reserve and digital asset stock for digital assets and long-term management of state assets within the legal framework. STRIVE is a US-based financial company that offers crypto asset management and investment products.
New articles on transparency and property rights
The draft law also brings various innovations regarding transparency. Nick Begich, the architect of the bill, announced that quarterly proof of reserves reports and independent third-party audits of Bitcoin reserves will be shared with the public.
In addition, the right of individuals to keep Bitcoin and other digital assets under their own control will be guaranteed at the federal level. This means that the government will not be able to limit an individual’s private ownership or personal custody rights over the crypto asset.
With the ARMA proposal on the agenda, it is aimed to clarify the legal framework for digital assets and to secure the rights of US citizens in the crypto ecosystem.
