A new bill in Congress calls for the creation of a federally managed Bitcoin reserve aimed at accumulating 1 million BTC. The legislation, introduced this week, would authorize annual purchases of 200,000 bitcoin until the target is reached. If enacted, the U.S. would become the first major government to hold a strategic crypto reserve on this scale.
The 1 million BTC target
The bill sets a clear goal: build a national Bitcoin stockpile of 1 million coins. That’s roughly 5% of Bitcoin’s total eventual supply. To get there, the government would buy 200,000 BTC each year — a pace that would take five years to hit the full target. The purchases would be handled by the Treasury Department, though the exact funding mechanism isn’t spelled out in the draft text.
Annual purchase plan
Under the proposal, the U.S. would steadily accumulate Bitcoin over several years, buying in regular installments rather than lump sums. That approach aims to avoid spiking the market with a single massive order. The bill doesn’t specify a budget or a price ceiling — it simply mandates the quantity. Lawmakers behind the bill argue that holding a strategic Bitcoin reserve could serve as a hedge against economic uncertainty and dollar volatility.
What comes next
The bill now heads to committee. It’s unclear whether it has enough bipartisan support to advance. Similar proposals in the past have stalled, but the push for a national crypto reserve has gained traction among some policymakers. The next concrete step will be a committee hearing, though no date has been set.
