HR 2032 · 119th CongressIn Committeecongress.gov ↗
What this bill does
AI plain-language summaryThis bill requires the U.S. government to buy one million Bitcoins over five years and store them in a new Strategic Bitcoin Reserve made up of secure facilities across the country. The government must hold these Bitcoins for at least 20 years, after which some could be sold to help pay down the national debt. The bill also moves existing government Bitcoin holdings into this reserve, reduces how much money Federal Reserve banks can keep in surplus, and requires them to send some of their earnings toward buying more Bitcoin.
Sponsor
Rep. Begich, Nicholas [R-AK-At Large]
R
Introduced
March 11, 2025
Policy Area
Finance and Financial Sector
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