BITCOIN Act of 2025
Sponsored By: Representative Rep. Begich, Nicholas J. [R-AK-At Large]
Introduced
Summary
This bill would create a Strategic Bitcoin Reserve under the Treasury to acquire and hold Bitcoin as a long-term government asset. It would pair a five-year purchase program with strict custody, audit, and public reporting rules to increase transparency and control over federal crypto holdings.
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- Federal Treasury operations: Would run a Bitcoin Purchase Program to buy 200,000 Bitcoins per year for five years, totaling 1,000,000 Bitcoins, require a minimum 20-year hold, allow transfers from forfeitures or gifts, and publish annual reports for 20 years.
- Federal Reserve and funding: Would cut the Federal Reserve surplus threshold from $6.8 billion to $2.4 billion and direct the first $6.0 billion of Fed remittances for 2025–2029 to finance purchases, plus require recalibration of gold certificates.
- States and owners: Would let states opt into segregated SBR accounts with retained title and withdrawal rights, preserve individual self-custody rights, and bar the federal government from seizing lawfully acquired Bitcoin.
*Would redirect specified Federal Reserve remittances and lower surplus thresholds to fund Bitcoin acquisitions, shifting federal receipts toward those purchases rather than specifying a net deficit impact.*
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Bill Overview
Analyzed Economic Effects
4 provisions identified: 2 benefits, 0 costs, 2 mixed.
Create a secure federal Bitcoin reserve
If enacted, this bill would create a Strategic Bitcoin Reserve to hold government Bitcoin in secure, spread‑out facilities. Federal agencies would have to transfer any Bitcoin they control to the Reserve, and Treasury would hold it for at least 20 years without selling or encumbering it. The Reserve would post quarterly public proof‑of‑reserves with an independent audit, and the Comptroller General would oversee the program. Two years before the hold ends, Treasury would recommend whether to keep holding or sell slowly, and could not recommend selling more than 10% in any two‑year period. Bitcoin from forks or airdrops to Reserve addresses would be held for five years; after that, Treasury would keep the largest asset by market value and may sell the rest, sending proceeds to the Treasury.
Government Bitcoin buying plan and funding
The bill would set up a Bitcoin Purchase Program to buy 200,000 Bitcoins a year for five years (1,000,000 total). Treasury could adjust the buying schedule by rule to limit market impact. Purchases would be funded first from remittances created by revaluing Federal Reserve gold certificates; any extra from that would go to reduce the debt. For 2025–2029, if the Federal Reserve sends net earnings, the first $6 billion each year would go to this program before other uses. The bill would lower the Fed Banks’ surplus cap from $6.825 billion to $2.4 billion, require gold certificate tender and cash remittance of the revaluation difference, and add Bitcoin to the Exchange Stabilization Fund’s tools with required annual reporting of its Bitcoin activity.
Protects your right to hold Bitcoin
This bill would bar the Federal Government, under this Act, from seizing or impairing your lawfully acquired Bitcoin. You would keep the right to buy, hold, transfer, and dispose of Bitcoin under existing law. It would also affirm your right to self‑custody your private keys.
States could use federal Bitcoin custody
States could choose to store their Bitcoin in a separate account inside the Strategic Bitcoin Reserve. A contract would set duties, security rules, and access controls. The State would keep legal title, including to any forks or airdrops, and could withdraw or transfer under the agreement and federal rules. The Federal Government would not be liable for losses except for gross negligence or willful misconduct, and the State must acknowledge custody risks.
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Sponsors & CoSponsors
Sponsor
Rep. Begich, Nicholas J. [R-AK-At Large]
AK • R
Cosponsors
McDowell
NC • R
Sponsored 3/11/2025
Rep. Harrigan, Pat [R-NC-10]
NC • R
Sponsored 3/11/2025
Rep. Rulli, Michael A. [R-OH-6]
OH • R
Sponsored 3/11/2025
Nehls
TX • R
Sponsored 3/11/2025
Rep. Taylor, David J. [R-OH-2]
OH • R
Sponsored 3/11/2025
Rep. Collins, Mike [R-GA-10]
GA • R
Sponsored 3/11/2025
Onder
MO • R
Sponsored 3/27/2025
Del. King-Hinds, Kimberlyn [R-MP-At Large]
MP • R
Sponsored 3/31/2025
Rep. Carter, Earl L. "Buddy" [R-GA-1]
GA • R
Sponsored 6/23/2025
Roll Call Votes
No roll call votes available for this bill.
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