U.S. Representative Plans to Rename Bitcoin Reserve Bill, Aiming to Legislate Trump’s Executive Order

On Monday, U.S. Representative Nick Begich revealed at the Bitcoin 2026 Conference in Las Vegas that he plans to reintroduce legislation to establish a U.S. strategic Bitcoin reserve in the coming weeks.
The bill was previously called the "BITCOIN Act," but after consultations with the House Financial Services Committee, he plans to rename it the "American Reserve Modernization Act" (ARMA), aiming to garner broader bipartisan support.
Begich explained that the renaming is to help Congress and the public better understand the bill’s actual goal, ensuring Bitcoin receives its rightful status as a reserve asset.
If passed, the bill would formally establish Bitcoin as a strategic reserve asset for the United States based on President Trump’s executive order, placing it on equal footing with the country’s gold reserves. The bill also plans to acquire 1 million Bitcoins over five years through a "budget-neutral strategy."
Although the bill has been updated, Begich did not disclose specific details. He emphasized that Bitcoin needs to be "held long-term," and the bill will authorize government agencies to identify current Bitcoin holdings and manage them responsibly in a manner consistent with reserve status.
Begich pointed out that this legislation would help solidify Bitcoin’s role as a strategic reserve. He stated that institutionalizing Bitcoin’s reserve status through legislation would ensure policy continuity and prevent fluctuations caused by changes in government.
He also mentioned that, given the unpredictability of the next administration’s stance on Bitcoin and other digital assets, it is important to lock in the achievements made during the current government’s term, which is where Congress can currently make a difference.
In summary, Begich plans to rename the bill ARMA, which on the surface is just a name change but actually aims to garner broader political consensus.
This move indicates that the path from Trump’s executive order to legislative action by Congress is shifting Bitcoin from a "possible" to a "feasible" strategic reserve asset.
Whether the bill ultimately passes or not, this signals that Bitcoin is gradually moving from a fringe asset toward a national-level strategic reserve option.
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