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US bill proposes Treasury to buy and hold 1 million Bitcoin over 5 years with strict 20-year lockup.

Market News
06 Jun 2026
Blockonomi
View Source
Bullish
pluang ai news

The American Reserve Modernization Act of 2026 (ARMA) proposes creating a Strategic Bitcoin Reserve managed by the US Treasury, aiming to acquire 1 million Bitcoin over five years through annual purchases of 200,000 BTC. The bill mandates a 20-year holding period for all reserve Bitcoin, prohibits disposal during this time, and requires quarterly proof-of-reserve reports and independent audits for transparency. It also establishes secure cold storage facilities nationwide and involves consultation with defense and security agencies for asset protection. If enacted, this legislation would formalize Bitcoin as a long-term reserve asset alongside traditional holdings, potentially strengthening US financial security and setting a precedent for government digital asset management.

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