TREE NEWS update: The US House Financial Services Committee will mark up H.R. 8957, the American Reserve Modernization Act of 2026, at 10:00 a.m. ET on Wednesday, September 16, 2026, sending the bill to a committee vote. Introduced by Representative Nick Begich with Jared Golden as the sole Democratic co-sponsor, the bill would create a Strategic Bitcoin Reserve at the Treasury and a separate digital asset reserve for non-Bitcoin assets. Forfeited compliant Bitcoin would enter the reserve, and proceeds from selling non-Bitcoin assets could fund further Bitcoin purchases or debt repayment.
US Strategic Bitcoin Reserve Bill Heads to House Committee Vote
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AI take
The bill's bipartisan pairing of a Bitcoin-only reserve with a broader digital asset pool is the notable structural choice: it treats Bitcoin as a distinct reserve asset rather than one token among many, while giving non-Bitcoin holdings a funding or debt-reduction role. That the sole Democratic co-sponsor is Jared Golden signals the measure's appeal is concentrated among more centrist members, which matters for whether it can survive a full chamber vote. The mark-up itself is the first real test of whether that framing holds.
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