{"id":46220,"date":"2026-06-08T17:42:40","date_gmt":"2026-06-08T17:42:40","guid":{"rendered":"https:\/\/cryptd.in\/full-text-of-strategic-bitcoin-reserve-bill-officially-published-revealing-20-year-lock-up-proof-of-reserve-mandates\/"},"modified":"2026-06-08T17:42:40","modified_gmt":"2026-06-08T17:42:40","slug":"full-text-of-strategic-bitcoin-reserve-bill-officially-published-revealing-20-year-lock-up-proof-of-reserve-mandates","status":"publish","type":"post","link":"https:\/\/cryptd.in\/lt\/full-text-of-strategic-bitcoin-reserve-bill-officially-published-revealing-20-year-lock-up-proof-of-reserve-mandates\/","title":{"rendered":"Full Text of Strategic Bitcoin Reserve Bill Officially Published, Revealing 20-Year Lock-Up, Proof-of-Reserve Mandates"},"content":{"rendered":"

Bitcoin Magazine<\/a>
\n
\nFull Text of Strategic Bitcoin Reserve Bill Officially Published, Revealing 20-Year Lock-Up, Proof-of-Reserve Mandates<\/a><\/p>\n

<\/div>\n

The complete legislative text for bitcoin-favorite bill H.R. 8957, the American Reserve Modernization Act of 2026, has been made public on the U.S. Congress svetain\u0117<\/a>, offering lawmakers, industry stakeholders, and the public their first detailed look at the mechanics behind a bill that would permanently codify a Strategic Bitcoin Reserve into federal law.<\/p>\n

The bill, pristat\u0117<\/a> May 21 by Rep. Nick Begich (R-AK) alongside co-lead Rep. Jared Golden (D-ME) and more than 20 co-sponsors, was referred to the House Committee on Financial Services upon introduction.\u00a0<\/p>\n

While the legislation\u2019s broad contours<\/a> \u2014 consolidating federally held Bitcoin under Treasury oversight and building on President Trump\u2019s March 2025 executive order \u2014 were known at introduction, the full text reveals a sweeping architecture of custody rules, transparency requirements, and acquisition guardrails that go well beyond the executive action it seeks to codify.<\/p>\n

Central to the bill is a mandatory 20-year holding period on all BTC deposited into the Strategic Bitcoin Reserve, during which no holdings may be \u201csold, swapped, auctioned, encumbered, or otherwise disposed of for any purpose\u201d.\u00a0<\/p>\n

That lock-up clock resets with each new deposit, meaning BTC seized through criminal or civil forfeiture proceedings \u2014 designated in the bill as \u201cqualifying Bitcoin\u201d \u2014 would be essentially untouchable for two decades upon transfer to the reserve.\u00a0<\/p>\n

After that period, the Treasury Secretary may recommend offloading no more than 10% of reserve assets during any two-year window, subject to Congressional review.<\/p>\n

Proof of Reserves for U.S. Bitcoin\u00a0<\/h2>\n

The full text also mandates a \u201cProof of Reserve\u201d system requiring quarterly public cryptographic attestations of all holdings, independent third-party audits, and Comptroller General oversight \u2014 a level of on-chain transparency unprecedented for a federal financial program.\u00a0<\/p>\n

Non-Bitcoin digital assets acquired by the government, such as Ethereum or other forfeited cryptocurrencies, would be held in a separate Digital Asset Stockpile, with proceeds from any dispositions directed toward expanding the Bitcoin reserve or reducing the national debt.<\/p>\n

Perhaps notably, the bill explicitly prohibits the government from using any new borrowing, new taxes, or deficit spending to acquire BTC.\u00a0<\/p>\n

Instead, it directs the Treasury and Commerce Departments to jointly<\/a> study budget-neutral acquisition pathways within 180 days of enactment \u2014 including conversion of non-Bitcoin stockpile assets, Federal Reserve surplus remittances, and gold certificate revaluations.<\/p>\n

The bill also opens a voluntary state participation program, allowing states to store their own BTC holdings in segregated Treasury accounts, while affirming that no provision may be construed to authorize seizure of privately held Bitcoin.<\/p>\n

The bill now awaits action in the House Financial Services Committee.<\/p>\n

This post Full Text of Strategic Bitcoin Reserve Bill Officially Published, Revealing 20-Year Lock-Up, Proof-of-Reserve Mandates<\/a> first appeared on Bitcoin Magazine<\/a> and is written by Micah Zimmerman<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin Magazine Full Text of Strategic Bitcoin Reserve Bill Officially Published, Revealing 20-Year Lock-Up, Proof-of-Reserve Mandates The complete legislative text for bitcoin-favorite bill H.R. 8957, the American Reserve Modernization Act of 2026, has been made public on the U.S. Congress website, offering lawmakers, industry stakeholders, and the public their first detailed look at the mechanics […]<\/p>\n","protected":false},"author":1,"featured_media":46222,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-46220","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-feeds"],"yoast_head":"\nFull Text of Strategic Bitcoin Reserve Bill Officially Published, Revealing 20-Year Lock-Up, Proof-of-Reserve Mandates - cryptd.in<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptd.in\/lt\/full-text-of-strategic-bitcoin-reserve-bill-officially-published-revealing-20-year-lock-up-proof-of-reserve-mandates\/\" \/>\n<meta property=\"og:locale\" content=\"lt_LT\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Full Text of Strategic Bitcoin Reserve Bill Officially Published, Revealing 20-Year Lock-Up, Proof-of-Reserve Mandates - 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