Strategic Bitcoin Reserve Bill Advances in U.S. House Committee
The American Reserve Modernization Act (ARMA) has advanced through the House Financial Services Committee, marking a key step toward potentially enshrining the Strategic Bitcoin Reserve into law. The bill aims to formalize President Donald Trump’s executive order from March 2025 by creating a legal framework for managing U.S. government-held Bitcoin over the next two decades. ARMA does not authorize new purchases of Bitcoin but focuses on tracking and securing existing holdings, estimated at around $27.6 billion in seized coins valued at approximately $84,000 each. The bill removes these assets from market circulation for 20 years with annual audit requirements. However, it no longer includes provisions to allow the Treasury Department to buy up to a million new Bitcoin over five years. Despite initial concerns about supply reduction affecting prices, experts note that this stash already sat idle since an executive order in early 2025 halted government auctions of seized coins. The market impact has been minimal thus far; Bitcoin fell slightly on the day of the committee vote but remained largely aligned with broader stock trends.
Tickers: $BTC
Topics: ARMA bill Bitcoin Strategic Bitcoin Reserve U.S. government holdings