The US House Financial Services Committee will consider the American Reserve Modernization Act (ARMA) of 2026 on September 16, which proposes creating a strategic Bitcoin reserve. The bill aims to hold Bitcoin for at least 20 years and use future sales to reduce national debt, formalizing government management of digital assets seized from criminal cases. Despite holding 328,000 BTC, the US faces competition from other countries accumulating Bitcoin as a digital asset. However, due to a tight Congressional calendar and low political momentum, the bill's chances of passing before 2027 remain below 10%.
The US Bitcoin reserve bill faces low odds in Congress, with a chance below 10%, as of Sep 16, 2026 03:28 WIB. For readers following cryptocurrency market activity, here is Pluang's market snapshot as of Sep 16, 2026 03:28 WIB: out of 50 major cryptocurrencies priced on Pluang, 4 rose and 45 fell today. Notable movers include FIL (Filecoin) down 15.30%, XRP (Ripple) down 13.89%, and BAL (Balancer) up 11.14%.
Tigress Financial upgraded Intel's price target from $118 to $145, maintaining a "Buy" rating due to strong performance in Intel's Data Center and AI division, which saw a 59% revenue increase to $6.3 billion in Q2. The upcoming IPO of Altera, where ...
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Waystar Holding Corp, a healthcare software company valued at around $5.1 billion, saw its stock rise 8.6% to $27.05 following reports that it is evaluating strategic options, including a potential sale. Barclays set a new price target of $30, sugges...
MasterCraft Boat Holdings reported fiscal Q4 2026 adjusted earnings of $0.67 per share and revenue of $129.94 million, surpassing estimates. Revenue growth was driven by its Performance and Wake business and the Marine Products acquisition, which add...
Redwood Trust's CFO, Carillo Brooke, increased her stake by purchasing 26,065 shares, showing confidence despite a major shareholder urging the board to consider selling the company. The stock trades at a 33% discount to its GAAP book value due to ri...
