US House Committee to Vote on 'Strategic Bitcoin Reserve' Bill Next Week

The US House Financial Services Committee will hold a markup session for H.R. 8957, the '2026 U.S. Reserves Modernization Act,' on June 16 (local time), beginning consideration of the Strategic Bitcoin Reserve bill. The legislation proposes creating a dedicated Bitcoin reserve and a separate digital asset reserve for altcoins under the Treasury Department. Seized Bitcoin will be permanently held in the treasury, while proceeds from selling other altcoins will fund additional Bitcoin purchases or pay down US debt. Notably, the bill includes a strategy study to purchase Bitcoin over five years without new bond issuance or tax increases, maintaining budget neutrality. Bipartisan co-sponsors Reps. Nick Begich (Republican) and Jared Golden (Democrat) have introduced the bill, raising expectations for potential government Bitcoin buying if passed.