Federal government creates a Bitcoin storage vault for 20 years.
H.R. 8957 — American Reserve Modernization Act of 2026 · Filed by Nicholas Begich (R-AK) · 23 cosponsors · Introduced May 21, 2026 · Referred to committee
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What it does
The bill tells the Treasury Department to set up a Strategic Bitcoin Reserve. This reserve would hold Bitcoin that the federal government seized or took from people. The government would keep this Bitcoin for at least 20 years. Quarterly audits would show the public what Bitcoin the government holds.
Who it affects
Citizens would see quarterly reports about the government's Bitcoin. States could choose to store their own Bitcoin in federal accounts. The federal government would spend money and resources to hold Bitcoin.
One thing to notice
The bill asks for a study on buying more Bitcoin without raising national debt. The bill says the government will not be responsible for digital asset risks.
From the analysis of the bill text, linked under Primary records below.
Where it stands
23 cosponsors: 22 Republicans, 1 Democrats.
- May 21, 2026 — Introduced · Congress.gov: “Introduced in House”
- May 21, 2026 — Referred to House Committee on Financial Services · Congress.gov: “Referred to the House Committee on Financial Services”
Dates and quoted wording are Congress.gov's action record; the timeline shows status changes, not every procedural step.
Money around this bill
1 groups reported lobbying about this bill. They filed 1 reports from Jun 2026 to Jun 2026.
Those reports show $90,000 in lobbying spending. Each report lists about 2 bills. So that money was not all for this bill.
More groups named this bill than 0% of bills with any report.
Nicholas Begich, who sponsored the bill, received $1,039,127 from PACs for the 2026 election.
- Americans for Carbon Dividends, Inc — $90,000 in 1 report
Lobbying is legal. These reports show who lobbied about this bill, not what changed.
Words to know
- Strategic Bitcoin Reserve — A government storage place for Bitcoin that the government seized.
- seized — Taken by the government, often from people who broke the law.
- audit — An official check to make sure records are correct and honest.
- national debt — The total amount of money the federal government owes.
- lobbying — Trying to influence lawmakers about a bill. Companies and groups pay people to do this.
- PACs — Groups that collect money and give it to candidates for office.
How this was measured
Analysis — Quorum's AI read the bill text published by Congress.gov (18,826 characters) on Aug 31, 2026. Section numbers in the findings refer to that text, linked below; transparency and hidden-provision scores are compared against the median of 14,206 analysed bills.
Status and sponsors — Congress.gov's bill record — actions, committee referrals and cosponsors — loaded nightly. The timeline shows status changes, not every procedural action.
Money — Senate Lobbying Disclosure Act filings whose specific-issue field names this bill for quarters ending Jun 2026 to Jun 2026. A filing's amount is reported whole beside the median number of bills a filing names; it is never divided across them. PAC receipts are FEC-reported contributions to the sponsor's candidate committee in the 2026 cycle.
As of — lobbying records through Jul 16, 2026 · page rendered 2026-09-17.
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