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Directs the Treasury to build and run a Strategic Bitcoin Reserve to securely hold government Bitcoin, add Bitcoin to the Exchange Stabilization Fund, and publish ongoing proof‑of‑reserves. It mandates purchasing 200,000 Bitcoin per year for five years (1,000,000 total), with a 20‑year minimum holding period and strong public reporting and auditing. Prohibits federal agencies from auctioning or selling Bitcoin they acquire and requires those holdings to be transferred to the Reserve. Creates an optional custody program for States, protects individuals’ and organizations’ rights to buy, hold, transfer, and self‑custody Bitcoin, and funds purchases using Federal Reserve remittances and gold‑certificate–related payments, with accountability reports to the public and Congress.
The Act must not be interpreted to authorize the Federal Government to seize, confiscate, or otherwise impair any property right in the lawfully acquired Bitcoin holdings of any person.
The Act must not be interpreted to infringe upon the rights of individuals, businesses, or organizations to purchase, hold, transfer, or dispose of Bitcoin in accordance with the law.
The Act affirms and protects the rights of persons to maintain full lawful control over their Bitcoin and other digital assets.
The Act recognizes that the ability to maintain self-custody of private keys is fundamental to financial sovereignty, privacy, and personal liberty in the digital age.
In subsection (a)(1) of section 5302 of title 31, United States Code, insert additional text immediately after the sequence '; and'. (The provision text in the bill indicates an insertion after '; and'.)
In subsection (b), replaces the phrase "gold, foreign exchange, and other instruments of credit and securities" with "gold, Bitcoin, foreign exchange, and other instruments of credit and securities", thereby adding Bitcoin to the list of authorized holdings.
In subsection (a)(1), inserts additional text immediately after "; and" (specific inserted text not provided in section).
In subsection (c)(1), inserts additional text immediately after "; and" (specific inserted text not provided in section).
In subsection (c)(2), inserts additional text after the specified location (specific inserted text not provided in section).
Amends 12 U.S.C. 289(a)(3)(A) by striking the existing aggregate surplus funds limit "$6,825,000,000" and inserting a new numeric value (text of insertion shown as " ,400,000,000").
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Referred to the House Committee on Financial Services.
Introduced March 11, 2025 by Nicholas J. Begich · Last progress March 11, 2025
BITCOIN Act of 2025
Referred to the House Committee on Financial Services.
Introduced in House