Bitcoin Reserve Bill Advances in House Committee

The Bitcoin Reserve Bill, formally known as the American Reserve Modernization Act of 2026 (H.R. 8957), advanced in the U.S. House on September 16 after the House Financial Services Committee approved the legislation by a 28-21 vote.

• House Financial Services Committee passed the Bitcoin Reserve Bill, H.R. 8957, by a 28-21 vote.
• The bill would place government-held Bitcoin under Treasury custody with a minimum 20-year holding period.
• The Bitcoin Reserve Bill now heads to the full House, with no floor vote date set yet.

The U.S. House Financial Services Committee approved the American Reserve Modernization Act of 2026 (H.R. 8957) by a 28-21 vote on September 16, advancing legislation that would establish a Strategic Bitcoin Reserve in federal law.

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The bill would consolidate federally held Bitcoin under the Treasury Department and impose a minimum 20-year holding period.

Bitcoin Reserve Bill: Reserve Terms and Audit Requirements 

The American Reserve Modernization Act (ARMA) would create a Strategic Bitcoin Reserve alongside a separate Digital Asset Stockpile for non-Bitcoin holdings at the Treasury Department.