New strategic bitcoin reserve bill drops 1 million BTC purchase target, adds 20-year lockup period
The Block
New U.S. legislation proposes a strategic bitcoin reserve with a mandatory 20-year holding period for federal assets.Summary
The American Reserve Modernization Act of 2026 (ARMA) has been introduced to codify a U.S. national bitcoin stockpile. Unlike previous legislative efforts, the bill removes the specific 1 million BTC acquisition target, focusing instead on long-term retention. It mandates a 20-year lockup period for held bitcoin, preventing federal disposal of the assets, while requiring transparency through audits and quarterly proof-of-reserve reports. Current government crypto holdings are largely sourced from asset forfeitures.
(Source：The Block)