Rep. Nick Begich, R-Alaska, alongside co-lead Rep. Jared Golden, D-Maine, introduced the "American Reserve Modernization Act of 2026," or…

nwsmkr (@nwsmkr), May 22, 2026, 20:01 UTC

Rep. Nick Begich, R-Alaska, alongside co-lead Rep. Jared Golden, D-Maine, introduced the "American Reserve Modernization Act of 2026," or ARMA, to create a Strategic Bitcoin Reserve and separate Digital Asset Stockpile for non-bitcoin assets held by the federal government and managed by the Treasury. According to the bill, the wording about purchasing 1 million BTC was removed, but a 20-year ban on selling was added. The bill lists potential acquisition methods, like converting non-bitcoin assets, gold certificate revaluations, forfeiture proceedings, tariff revenues, and partnerships with s…

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