On September 16, 2026, the US House Financial Services Committee approved a bill (H.R. 8957) that would require the Treasury to hold government-owned Bitcoin, mainly from forfeitures, in a secure reserve for at least 20 years without selling. This move aims to restrict the supply of government-held Bitcoin entering the market, though it does not allow new purchases with taxpayer money. The bill still needs approval from the full House, Senate, and the President before becoming law. For investors, the bill clarifies government Bitcoin management but does not affect personal tax or holding periods. It highlights the importance of custody, holding duration, and concentration risk in Bitcoin investment strategies.
The Bitcoin State Reserve bill (H.R. 8957) is the subject, with Pluang market data providing context as of Sep 23, 2026 22:05 WIB. Among 50 major cryptocurrencies, only 14 rose while 35 fell today. AVAX dropped 4.75% to Rp187.352 with a typical hold time of 87 days and a slight buy bias (55%), contrasting with UNI which gained 4.60% to Rp169.069 but saw more selling (56%) and a shorter hold time of 65 days. ALGO fell 4.58% to Rp1.877, held longest at 129 days, and had a stronger buy interest (61%).
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