According to The Block, U.S. Representatives Nick Begich and Jared Golden introduced the draft of the American Reserve Modernization Act of 2026, proposing the establishment of a U.S. Strategic Bitcoin Reserve and a separate digital asset reserve for non-bitcoin assets. The bill mandates that bitcoins included in the reserve be locked for at least 20 years, during which they may not be sold, exchanged, auctioned, or otherwise disposed of. Unlike the previous BITCOIN Act, which proposed acquiring one million bitcoins within five years, ARMA does not set a specific acquisition target but requires the Treasury and Commerce Departments to study ways to increase holdings through “budget-neutral” means. The bill also requires federal agencies to disclose their holdings of digital assets within 60 days of enactment and to implement quarterly reserve proofs, independent audits, and congressional oversight.
U.S. House Proposes ARMA Bill to Lock Bitcoin Reserves for 20 Years
TechFlowShare
Summary
U.S. Representatives Nick Begich and Jared Golden have introduced the American Reserve Modernization Act of 2026 (ARMA), which proposes establishing a strategic Bitcoin reserve to be held for 20 years. The bill also mandates agencies to disclose their digital assets and conduct quarterly audits. Unlike the BITCOIN Act, ARMA does not set a specific purchase target but aims for budget-neutral growth. This comes amid ongoing speculation regarding Bitcoin ETF approval and increased interest in spot Bitcoin ETFs.
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