U.S. lawmakers introduced the American Reserve Modernization Act of 2026 on Thursday, a bipartisan bill seeking to acquire 1 million Bitcoin (CRYPTO: BTC) over five years and establish a Strategic Bitcoin Reserve.

Nick Begich, R-Alaska, introduced legislation today to permanently establish a U.S. strategic bitcoin reserve.

The American Reserve Modernization Act would direct the Treasury to create and maintain a Bitcoin reserve for a minimum of 20 years.