U.S. Congressman Nick Begich (R-AK) on Tuesday introduced the Bitcoin BTC/USD Act of 2025 in the House, aiming to fund the newly-established strategic Bitcoin reserve.

What Happened: The bill proposes acquiring 1 million BTC over five years, with a 20-year holding period, leveraging Federal Reserve remittances and other financial tools—without taxpayer funding.

The bill, backed by six original cosponsors—Addison McDowell, Pat Harrigan, Michael Ruhle, Troy Nels, Dave Taylor, and Mike Collins—also acknowledges senator Cynthia Lummis (R-Wyo.) for her advocacy of Bitcoin and financial innovation.

It aligns with President Trump’s executive order on digital assets, reinforcing U.S. leadership in financial innovation.

The legislation seeks to position the U.S. as a dominant force in the digital financial era.

To ensure transparency, the reserve will operate under a proof-of-reserve system with public audits and oversight by the Comptroller General. Individuals will retain the right to hold and transact Bitcoin freely, with the Act explicitly prohibiting government restrictions on private BTC ownership.

Also Read: Bitcoin Down 17% In 30 Days: How Much Lower Can It Go?

Why It Matters: Begich positions Bitcoin as a financial hedge and modern digital gold, highlighting its fixed 21 million supply and superior long-term returns compared to gold.

While the U.S. holds over 8,133 metric tons of gold valued at $750 billion, Bitcoin’s performance over the last decade has outpaced every major asset class.

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