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US lawmakers propose ARMA bill to create a 1M Bitcoin reserve with a 20-year hold

Market News
22 May 2026
Bitcoin
View Source
Bullish
pluang ai news

A bipartisan group of over a dozen U.S. representatives introduced the American Reserve Modernization Act (ARMA) of 2026, aiming to establish a Strategic Bitcoin Reserve within the Treasury. The bill mandates a 20-year holding period for up to 1 million bitcoins, acquired at a rate of 200,000 BTC per year over five years, treating bitcoin as a long-term sovereign asset similar to gold. It also includes protections for personal bitcoin ownership and requires transparency through quarterly reports and third-party audits. The legislation reflects growing momentum for formalizing bitcoin reserves at federal and state levels, though it still faces challenges in the Senate.

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