- The US Congress has introduced an appropriation bill that requires the Treasury Secretary to provide a feasibility report on the creation of a Strategic Bitcoin Reserve and a Digital Asset Stockpile.
- The report, expected to follow the bill’s passage, would cover the custody of digital assets, transparency measures, and internal agency dynamics for these funds.
- Congress’s new bill contributes to the implementation of President Trump’s Executive Order for the establishment of a federal Bitcoin Reserve and digital asset stockpile.
The US House of Representatives has introduced an appropriation bill that mandates the Treasury Secretary to provide a feasibility report detailing the establishment of a Strategic Bitcoin Reserve and Digital Asset Stockpile, potential barriers, custody plans, and other vital areas concerning the national digital asset interest.
Appropriation Bill Demands Treasury’s Bitcoin Reserve Plans
Sponsored by Rep. David Joyce, representing Ohio’s 14th Congressional District, H.R. 5116, among other purposes, looks to “make appropriations for financial services and general government” for the next financial year starting October 1, 2025.
According to the legislation, the Treasury Secretary would be tasked with delivering a comprehensive review on the possibility of creating a US Strategic Bitcoin Reserve and Digital Asset Stockpile within 90 days of its passage.
The said report to be submitted to the House Committee on Appropriations, the House Financial Services Committee, and the Senate Banking Committee would contain possible hindrances to the creation of the reserve or stockpile and how their establishment could impact the Treasury Forfeiture Fund.
Furthermore, it will explore the “existing transfer authorities” accorded to other agencies for contributions to the Forfeiture Fund, as well as how Bitcoin and other digital assets would be accounted for in the federal balance sheet.
“The report shall describe the custody architecture, legal authorities, cybersecurity protocols, and interagency procedures for transferring and holding digital assets,” said the bill.
The feasibility study will detail custody provisions, starting with all independent service providers who will facilitate custody, as well as efforts and necessary infrastructural provisions for the safe and efficient custody of these assets.
Congress’s New Bill Aids Implementation Of Trump’s Executive Order
With about 200,000 Bitcoins believed to be in the US coffers, the Strategic Bitcoin Reserve would play a very important role in managing and possibly investing the funds for the country’s prosperity. It will also answer the transparency questions from citizens about the official figures and government activities around the country’s Bitcoin wealth.
In August 2025, Treasury Secretary Scott Bessent made some conflicting statements on the creation of funding for a potential Reserve. Shortly after telling Fox that the US will not buy any more Bitcoin, but will depend on seized assets for funding, the Secretary made a U-turn, stating that the government will explore budget-neutral options to acquire more Bitcoin.
Legislation for creating a US Strategic Bitcoin Reserve and Digital Asset Stockpile is part of efforts to consolidate President Trump’s March 6, 2025, Executive Order authorizing the use of Treasury assets that were obtained through forfeitures to fund the digital asset stash.
The EO clearly said the government “will not acquire any additional assets…beyond those obtained through forfeiture proceedings.” However, it saddled the Treasury and Commerce Secretaries with the responsibility of carving out budget-neutral strategies to acquire more Bitcoin with no cost implications on taxpayers.
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