Bold Bill: US Aims to Be World's Top Bitcoin Holder
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A groundbreaking new bill is making waves on Capitol Hill, proposing a revolutionary shift in the United States' financial strategy. This significant legislation aims to position the U.S. as the world's largest sovereign holder of Bitcoin. This bold move could fundamentally redefine America's role in the global digital economy and asset landscape.
Introduced by a Congressman, this bill signals a dramatic interest from lawmakers in embracing cryptocurrency at a national level. If passed, it would establish the United States as a dominant force in the Bitcoin market, potentially influencing global financial trends and accelerating digital asset adoption worldwide.
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Transcript
A bold new bill on Capitol Hill aims to turn the United States into the world's largest sovereign holder of Bitcoin. Congressman Nick Begich of Alaska has introduced the American Reserve Modernization Act, which would authorize the Treasury to acquire up to 1 million Bitcoin over five years. That's roughly 5% of the global supply. Under the plan, all holdings would be locked for at least 20 years, cementing a strategic reserve that Begich compares to gold. The market has decided that Bitcoin will be the predominant store of value within its asset class, he told Fox Business. The US government already holds more than 328,000 Bitcoin seized from criminal cases. But as co-sponsor Pat Harrigan put it, there's no coherent strategy for managing it, and that needs to change. This federal push follows landmark moves at the state level. New Hampshire became the first state to establish a strategic Bitcoin reserve in May 2025, and Texas followed with its own state-funded reserve a month later. On the legislative front, the Senate Banking Committee has already advanced a related digital asset bill, and Senators Lummis and Cassidy have introduced the Mind in America Act to bolster domestic mining. Meanwhile, the ...
