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Bitcoin Reserve and Purchase Program: Strengthening US Financial Position

This act establishes a Strategic Bitcoin Reserve and a program for the US government to acquire 1 million Bitcoins. The goal is to enhance the nation's financial security and diversify its assets. Citizens can be assured that their private Bitcoin holdings are protected, and the government will manage its digital assets transparently.
Key points
The US government will establish a Strategic Bitcoin Reserve for secure storage of digital assets.
A plan is in place to purchase 1 million Bitcoins over 5 years to strengthen the nation's finances.
All government-held Bitcoins will be stored for at least 20 years, with potential future use for national debt reduction.
The act fully protects citizens' private Bitcoin property rights, prohibiting confiscation.
A public proof-of-reserve system will be implemented to ensure transparency in government Bitcoin management.
article Official text account_balance Process page
Introduced
Citizen Poll
No votes cast
Additional Information
Print number: 119_S_954
Sponsor: Sen. Lummis, Cynthia M. [R-WY]
Process start date: 2025-03-11
Lustra uses Artificial Intelligence. Verify details in source documents.
Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

BITCOIN Act of 2025

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 119_S_954.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2025-03-11.

What are the main provisions?

Key points include:

  • The US government will establish a Strategic Bitcoin Reserve for secure storage of digital assets.
  • A plan is in place to purchase 1 million Bitcoins over 5 years to strengthen the nation's finances.
  • All government-held Bitcoins will be stored for at least 20 years, with potential future use for national debt reduction.
  • The act fully protects citizens' private Bitcoin property rights, prohibiting confiscation.
  • A public proof-of-reserve system will be implemented to ensure transparency in government Bitcoin management.
What is the specific legal status?

The current status is Introduced.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Sen. Lummis, Cynthia M. [R-WY].

What is the latest detailed status?

The latest detailed status is: Introduced in Senate

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-23.

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