#Bitcoin Reserve Bill

🏛️ What is the Bitcoin Reserve Bill that has been enacted?

In the United States, President Trump issued an executive order in March 2025 to establish a federal-level Strategic Bitcoin Reserve (SBR).
This reserve starts with approximately 200,000 BTC currently held by the US Government as a result of legal proceedings, and these BTCs will not be sold; they will be preserved as a national digital asset stack.

Additionally, it was ordered to create a "Digital Asset Stock" where other crypto assets seized by the government will also be held.

🏛️ Steps in the Assembly: BITCOIN Act

Under the leadership of Senator Cynthia Lummis, a bill titled "BITCOIN Act" was prepared in Congress, such as (S.954 and S.4912. These bills:
• It forecasts that the US Treasury will purchase 200,000 BTC annually over 5 years, totaling 1 million BTC.
• It stipulates that the acquired BTCs must not be sold for at least 20 years.
• Bitcoin will be stored in secure, distributed cold storage facilities.
• It allows the states to hold their own BTC reserves within this federal system.

🤝 Developments at the State Level

Texas, in June 2025, approved Senate Bill 21, creating a 5-star state Bitcoin reserve for the first time. The law allocated a budget of 10 million dollars, and these funds will be used directly for BTC purchases.
This reserve has been structured to be kept separate from the general budget.

🌍 Why is it important?
• By diversifying national reserve assets, the global position of the US Dollar can be supported.
• BTC collected federally will be held in more secure, transparent storage systems.
• These steps starting at the state level signal a crypto-friendly regulatory environment.

⚠️ Criticisms and Discussions

Some international financial authorities, like FT, evaluated this initiative on the agenda as a "nuclear idol" — meaning they expressed that in the long term, the state's reliance on its BTC position could be a risky strategy.

Additionally, from a technical perspective, this method means that the state is directly affected by BTC price movements.

🧾 In summary
The federal Bitcoin reserve initiated by an executive order now has official status.
The bills currently on the agenda in the parliament aim to grow this reserve and institutionalize it.
• States are setting an example by taking concrete steps like Texas.
• However, discussions about risks, centralization, and volatility are still ongoing.