# House Committee Advances Bitcoin Reserve Legislation

The US House Committee on Financial Services has advanced H.R. 8957, the American Reserve Modernization Act of 2026, which mandates a 20-year holding period for government-held Bitcoin acquired through forfeiture. The bill requires transparent reporting on these digital assets and prohibits the use of taxpayer funds for Bitcoin purchases, restricting acquisitions to budget-neutral sources. While this legislation formalizes federal management of Bitcoin reserves, it does not create new procurement demand or immediate market impact. The bill still requires approval by the full House, Senate, and the President to become law.

- **Why this matters:** Procurement professionals should note that the bill restricts federal Bitcoin acquisitions to budget-neutral means, limiting new purchase opportunities.
- The mandated holding period and reporting requirements may increase administrative oversight and compliance obligations for agencies managing digital assets.
- Organizations involved in federal asset management or cryptocurrency services should evaluate potential impacts on contract requirements if the bill becomes law.
- This development signals growing legislative attention to digital asset management within federal procurement frameworks, which may influence future policy and contracting approaches.

**Jurisdictions:** federal
**Industries:** Professional Services
**Topics:** Regulatory Compliance
**Published:** September 23, 2026

### Government Entities
- House Committee on Financial Services
- US Treasury Department (Treasury)
- Federal Reserve System (Federal Reserve)
- Comptroller General
- Federal Criminal Police Office

### Sources
- [Bitcoin State Reserve: What H.R. 8957 Really Does](https://cryptoticker.io/en/bitcoin-state-reserve-bill-hr-8957) - CryptoTicker