In a move to solidify the United States’ leadership in digital assets, Alaska Congressman Nick Begich and Wyoming Senator Cynthia Lummis introduced the BITCOIN Act of 2025.
The legislation sets a national cryptocurrency policy, establishing a Strategic Bitcoin Reserve to enhance America’s financial security, global competitiveness, and economic sovereignty.
Announced at the Bitcoin for America Summit on Tuesday, the bill underscores the importance of Bitcoin as a strategic national asset. Congressman Begich said that the United States must take proactive measures to remain at the forefront of the financial revolution.
“America cannot afford to fall behind in this financial revolution. A Strategic Bitcoin Reserve ensures that the U.S. remains an economic powerhouse, leveraging digital assets to counter adversarial monetary policies and reinforce our global leadership,” said Congressman Begich. “The BITCOIN Act is about securing America’s economic future. We must lead—not follow—in this digital revolution. The time to act is now.”
The introduction of the BITCOIN Act is in alignment with President Donald J. Trump’s recent Executive Order, which establishes a Strategic Bitcoin Reserve and a U.S. Digital Asset Stockpile.
“Today, I am proud to reintroduce landmark legislation that will codify President Trump’s bold vision to establish the United States Strategic Bitcoin Reserve and strengthen our nation’s economic foundation for generations to come,” said Senator Lummis. “Bitcoin is not simply a technological opportunity, but a national imperative for America’s continued financial leadership in the 21st century.”
The two lawmakers seek to transform President Trump’s executive action into more than a four-year order, but instead create enduring law.
Begich highlighted the significance of this step in securing America’s financial future.
“President Trump’s Executive Order laid the foundation for a long-term national strategy on Bitcoin, and today, we are delivering durable and permanent authority to make that vision a reality,” said Congressman Begich. “This bill ensures that the U.S. formally adopts Bitcoin as a strategic asset, reinforcing our economic independence and positioning America as the global leader in digital financial innovation.”
The BITCOIN Act directs the U.S. government to acquire 1 million Bitcoin over a five-year period, mirroring the scale and strategic importance of U.S. gold reserves. With Bitcoin’s market capitalization exceeding $1.2 trillion, lawmakers argue that the U.S. must act swiftly to secure its stake in the digital financial era.
Key provisions of the BITCOIN Act include:
- Acquisition Strategy: The bill directs the U.S. Treasury to purchase 1 million Bitcoin over five years using budget-neutral strategies, including Federal Reserve remittances and gold certificate revaluations.
- Secure Storage: All Bitcoin holdings will be maintained in cold storage, ensuring maximum security and economic stability.
- Protection of Financial Freedom: The bill explicitly prohibits the federal government from interfering with individuals’ right to own, hold, and transact Bitcoin freely.
Begich urged his colleagues to take decisive action, emphasizing the necessity of securing America’s position in the digital financial landscape.
“With the world rapidly transitioning to digital assets, the United States must prioritize financial sovereignty and stability. This legislation ensures we stay ahead of adversarial economic policies and cement our leadership in digital finance.”
The BITCOIN Act of 2025 represents a pivotal moment in U.S. financial policy, marking the beginning of a new era in strategic asset management. The bill will now move through congressional committees, with supporters hopeful for swift passage in the 119th Congress.
By golly. Welcome to the 21st century.Good on ya Nick.
Showing my age.
While reading this and his reasoning, I flashed back to Dr Strangelove and the Mine Shaft Gap.
I’m gonna trust the judgment of younger minds on this one.
The whole original idea of Bitcoin and other crypto currencies were that there was no centralized bank/reserve and that all of them were outside of government supervision.
The original crypto currencies were used for transactions that those involved in didn’t want/need to have the government be aware of.
The US is starting to resemble Russia in the ’90s, with corrupt oligarchs grabbing whatever they can. While in the ’90s this was done by buying old Soviet companies, today the money is made through crypto scams and massive government deals.
Well, Trump and his team have done absolute wonders for the stock market. I’m excited to see what he’ll do with a crypto currency reserve. I’m sure it’ll be great.