Nick Begich stories

Jun 4, 2026

US Moves Forward on Strategic Bitcoin Reserve with Treasury Management and Congressional Legislation

Treasury Secretary Scott Bessent testified that the department is proceeding with "deliberate speed" on establishing a Bitcoin reserve, while Representative Nick Begich introduced legislation to formally create a Strategic Bitcoin Reserve within the Treasury Department.

Jun 4, 2026·2 sources

May 18, 2026

House Republicans introduce bipartisan bill to establish 20-year Strategic Bitcoin Reserve

Rep. Nick Begich (R-AK) introduced the American Reserve Modernization Act of 2026, bipartisan legislation that would lock existing U.S. government bitcoin holdings into a strategic reserve for at least 20 years. The bill notably drops earlier proposals to purchase 1 million BTC, focusing instead on preserving current holdings.

May 18, 2026·3 sources

Top claims

▪The proposed framework would allow U.S. states to voluntarily store their own Bitcoin holdings within the federal Strategic Bitcoin Reserve.
▪The American Reserve Modernization Act has been referred to the House Financial Services Committee for consideration.
▪The proposed legislation explicitly protects the rights of individuals and businesses to buy, hold, transfer, and self-custody digital assets.

Topics

Bitcoin Market Maturation Cycle US federal Bitcoin reserve Blockchain quantum resistance US Strategic Bitcoin Reserve Bitcoin regulation

Strategic Bitcoin reserves

Bitcoin policy

Bitcoin

Related entities

United States

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