TREE NEWS update: The US House Financial Services Committee will mark up H.R. 8957, the American Reserve Modernization Act of 2026, on Wednesday, September 16, 2026, beginning at 10:00 a.m. ET. Introduced by Representative Nick Begich with Jared Golden as the sole Democratic co-sponsor, the bill would create a Strategic Bitcoin Reserve at the US Treasury plus a separate digital asset reserve for non-Bitcoin assets. Forfeited 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
A markup is the first real test of whether a Bitcoin reserve can move from a partisan idea into a committee-passed bill, and the thin Democratic support — one co-sponsor — signals the political ceiling it still faces. The design choice to let non-Bitcoin forfeiture sales fund Bitcoin purchases or debt repayment quietly makes the reserve self-financing, sidestepping a direct appropriation fight. Whether that structure survives amendments, and whether the debt-repayment option splits fiscal conservatives from crypto advocates, is the open question.
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