The Bitcoin Act: US Pushes for 1M BTC Reserve Without Taxpayer Cost

The U.S. is pushing to establish a Strategic Bitcoin Reserve, with the BITCOIN Act of 2025 in the House and a Senate companion bill, aiming to acquire 1 million bitcoin in five years without taxpayer burden.

1M Bitcoin in 5 Years: America’s Bold Plan to Secure Digital Dominance

Congressman Nick Begich of Alaska announced on March 11 that he has introduced the BITCOIN Act of 2025 in the House of Representatives, a bill aimed at establishing a U.S. Strategic Bitcoin Reserve (SBR) to strengthen America’s financial security and economic independence.

Speaking at the Bitcoin for America Summit, Begich emphasized the urgency of adopting bitcoin as a strategic asset to maintain the nation’s global economic leadership. He shared on social media platform X:

Today, I introduced the BITCOIN Act of 2025 in the U.S. House. The war on innovation is over and the golden age of digital currency has arrived.

The bill formally recognizes bitcoin’s role in securing long-term financial stability, similar to gold reserves. The lawmaker stated: “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 legislation builds on President Donald Trump’s Executive Order, which laid the groundwork for a national bitcoin strategy. Begich underscored the bill’s significance in cementing that vision: “President Trump’s Executive Order laid the foundation for a long-term national strategy on Bitcoin, and today, we are delivering durable and permanent authority to make that vision a reality.”

The announcement details:

The BITCOIN Act directs the acquisition of 1 million bitcoin over a five-year period, 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.” By structuring the plan without additional taxpayer burdens, Begich sees the bill as a pragmatic step toward strengthening the nation’s economic foundation.

Senator Cynthia Lummis of Wyoming introduced a companion bill in the Senate, reinforcing the effort to establish bitcoin as a key U.S. financial asset. Lummis, a longtime advocate for digital assets, stated: “Bitcoin is not simply a technological opportunity, but a national imperative for America’s continued financial leadership in the 21st century.” The bill also protects individual rights by prohibiting federal restrictions on private bitcoin ownership and self-custody. As bitcoin’s market capitalization surpasses $1.2 trillion, Begich is urging Congress to take decisive action to ensure the U.S. leads the global digital economy rather than falling behind.

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