The U.S. Is About to Buy 5% of All Bitcoin Without Spending a Dollar
Why It Matters
If enacted, the U.S. would become the largest sovereign Bitcoin holder, reshaping global reserve dynamics and tightening supply available to private markets—potentially driving price and altering monetary and geopolitical strategies. This policy could have long‑term implications for portfolios, central‑bank asset frameworks, and the role of digital assets in national finance.
Summary
Congressional bill called the American Reserve Modernization Act (ARMA), introduced May 21 in the House with bipartisan sponsors, would direct the U.S. Treasury to acquire 1 million Bitcoin—about 5% of total supply—at roughly 200,000 BTC per year over five years. The Treasury would be required to hold the coins for at least 20 years, publish verifiable on‑chain proof of reserves quarterly, and implement high‑security custody standards. A Senate companion, the Bitcoin Act introduced by Sen. Cynthia Lummis, runs in parallel, increasing the proposal’s durability and chances of enactment. Proponents frame the purchase as creating a national reserve asset rather than a tradable resource to be sold for budgetary relief.
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