The U.S. is pushing to establish a Strategic Bitcoin Reserve

Congressman Nick Begich of Alaska announced on March 11 that he has introduced the BITCOIN Act of 2025 in the House of Representatives

The U.S. is aiming to acquire 1 million bitcoin in five years without imposing any additional burdens on taxpayers, according to a new legislation introduced in the House, aiming to establish a U.S. Strategic Bitcoin Reserve (SBR).

Congressman Nick Begich of Alaska has introduced the BITCOIN Act of 2025 in the House, while Senator Cynthia Lummis of Wyoming is introducing a companion bill in the Senate.

The legislation, which is structured to integrate bitcoin into the U.S. financial strategy without new taxpayer obligations, focuses on acquiring 1 million bitcoin over a five-year period. This acquisition will be funded through existing Federal Reserve remittances, gold certificate revaluations, and other budget-neutral strategies.

Announcing the introduction of the BITCOIN Act, Begich said: “The war on innovation is over and the golden age of digital currency has arrived. Today, I introduced the BITCOIN Act in the U.S. House to strengthen America’s financial security and economic independence.”

The legislation enacts a permanent Strategic Bitcoin Reserve program, similar to the Strategic Petroleum Reserve and U.S. gold reserves, to stabilize the national currency and deter inflation.

Begich added: “America cannot afford to fall behind in this financial revolution. A Strategic Bitcoin Reserve ensures that the U.S. remains an economic powerhouse, leveraging digital assets to counter adversarial monetary policies and reinforce our global leadership.”

The bill builds on President Donald Trump’s Executive Order, which set the stage for a national bitcoin strategy, and delivers durable and permanent authority to make that vision a reality.

Highlighting the importance of bitcoin in today’s economic landscape, Begich noted: “As the world’s leading currency, the demand for and price of bitcoin is driven by market forces, not government decrees. This resilience is precisely what makes it a suitable asset for a national reserve.”

The legislation adopts a measured approach, acquiring 200,000 bitcoin each year for five years, mirroring the scale and strategic importance of U.S. gold reserves.

Moreover, the bill ensures no new taxpayer burden, utilizing Federal Reserve remittances, gold certificate revaluations, and other budget-neutral strategies to fund Bitcoin acquisitions. The U.S. Treasury will maintain all bitcoin holdings in secure cold storage, ensuring maximum security and long-term economic stability.

Senator Lummis, known for her advocacy for digital assets and crypto in the Senate, emphasized the urgency of bitcoin adoption for America’s continued financial leadership in the 21st century.

“Bitcoin is not simply a technological opportunity, but a national imperative for America’s continued financial leadership in the 21st century,” Lummis said.

Her bill, the BITCOIN Act of 2025, will also protect individual rights by prohibiting federal restrictions on private bitcoin ownership and self-custody.

Lummis added: “This legislation will ensure that the U.S. remains at the forefront of the global financial system, leveraging the strengths of bitcoin to safeguard our economic prosperity and national security.”

The move comes as bitcoin’s market capitalization surpasses $1.2 trillion, making it a significant player in the global financial landscape.

As the world's leading currency, demand for and price of bitcoin is driven by market forces and consumers, not government edicts or decrees. It is this very resilience that makes bitcoin a suitable asset for a national reserve.

The BITCOIN Act will also create a new bipartisan Congressional commission to advise Congress on optimal macroeconomic policies to support a healthy and sustainable bitcoin ecosystem. This commission will bring together leading economic minds to discuss and advise on best practices for integrating bitcoin into the broader financial system.

The goal is to foster a comprehensive strategy that maximizes the benefits of bitcoin for the U.S. economy and ensure long-term stability in the global financial markets.

This initiative underscores the bipartisan interest in integrating bitcoin into the U.S. financial framework and positions the country for continued leadership in the evolving digital economy. It will be interesting to observe the progress of this legislation as it winds its way through Congress. Nonetheless, this move underscores the increasing mainstream attention and discussion on cryptocurrencies at the highest levels of government.