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US Representative Begich plans to rename and restart the Bitcoin Strategic Reserve bill, codifying Trump’s executive order

2026-07-28 00:46:18

Abstract generation in progress

ME News, April 28 (UTC+8) — US Congressman Nick Begich said at the Bitcoin 2026 conference that he plans to reintroduce his Bitcoin strategic reserve bill in the coming weeks and rename the original “BITCOIN Bill” to the “Modernization of US Reserves Act.” The bill aims to codify President Trump’s executive order, establish a permanent Bitcoin reserve, require that Bitcoin be held “for a long time,” and acquire 1 million BTC within five years through a “budget-neutral strategy.” Begich said the renaming is intended to help Congress and the public better understand the bill’s goals and ensure that Bitcoin is treated as a reserve asset. He also noted that, given uncertainty about the next administration’s stance toward digital assets, it is important to seize the opportunity now to lock in results by acting through Congress. (Source: ODAILY)

BTC-2.83%

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