Bitcoin · U.S. · Federal Reserve (FED) · 99Bitcoins
Nick Begich has debuted the American Reserve Modernization Act (ARMA) with 16 original cosponsors
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The bill would establish a Strategic Bitcoin Reserve, consolidate federally held digital assets, and lock them away as long term… pic.twitter.com/2ersoipGk2., Bitcoin News May 21, 2026.
Key facts
- This ARMA Bill news dropped as Bitcoin fell -1% overnight, sliding back toward $77,000 after a short-lived rally that saw BTC briefly reclaim $78,000
- The American Reserve Modernization Act of 2026, introduced by Representative Nick Begich and supported by 15 bipartisan co-sponsors, aims for the US Treasury to acquire about 1 million Bitcoin
- Representative Jared Golden noted that the US, currently holding 328,372 Bitcoin valued at over $25.5Bn from seizures, lacks a federal policy on this asset
- As long as this holds, the reporter is expecting a rally towards $79,500-$80,000. pic.twitter.com/k8g2E5WAHv
Summary
Bitcoin vs Gold: Why BTC, Not Something Else? In Bitcoin news today, a bipartisan group of 16 US lawmakers introduced the American Reserve Modernization Act of 2026, the ARMA Bill, proposing that the federal government actively accumulate up to 1 million Bitcoin over five years and hold it as a formal national reserve asset. If it passes, this would be the first time in history that the US Congress has enacted a deliberate federal policy to acquire and hold Bitcoin as a strategic store of value. This ARMA Bill news dropped as Bitcoin fell -1% overnight, sliding back toward $77,000 after a short-lived rally that saw BTC briefly reclaim $78,000. $BTC is still holding above the $75,000-$76,000 support zone.