Begich Reintroduces Strategic BTC Reserve with ARMA

Begich's ARMA Bill Announcement at Bitcoin 2026 Conference

At the Bitcoin 2026 conference in Las Vegas, Alaska Representative Nick Begich took the stage and announced that he will bring back to the agenda in the coming weeks a bill in the US Congress to establish a strategic bitcoin reserve. The bill will be a renewed version of the Boosting Innovation, Technology, and Competitiveness through Optimized Investment Nationwide Act, previously known as the BITCOIN Act, and will be named the American Reserves Modernization Act (ARMA). Negotiations conducted with the House Financial Services Committee reflect a search for broader consensus among Congress members by changing the name. Begich stated that the time has come to solidify bitcoin's status as a real reserve asset.

ARMA Bill Details and 1 Million BTC Target

Begich, who reintroduced the BITCOIN Act last year with Senator Cynthia Lummis, bases the bill on Trump's executive order making bitcoin reserves permanent. If enacted, the US will accumulate 1 million BTC within 5 years, creating a strategic stockpile similar to gold reserves. The updated bill will mandate the long-term custody of bitcoin assets in government institutions and responsibly secure existing bitcoins. Offices of Begich and Lummis have not yet responded to requests for comment on potential changes in the bill. This move aims to solidify the place of digital assets in the official policy arena. Check the detailed BTC analysis.

Bitcoin Technical Analysis: Current Price and Levels

Bitcoin price is currently trading at 76.805,91 USD and experienced a -1.07% decline in the last 24 hours. RSI at 57,91 is in the neutral zone, the overall trend is upward but Supertrend is giving a bearish signal. EMA 20: 75.469,67. Supports: S1 71.949,60 (strong, 68% score), S2 76.479,30 (near support). Resistances: R1 80.810,00 (5.12% distance), R2 77.398,84. Investors should track these levels for BTC futures. News like ARMA could support the long-term uptrend.

Congress's Critical Role in the Administration Change

Begich notes that Congress stepping in amid the uncertainty of the upcoming administration change is critical. Since attitudes toward bitcoin and other digital assets could change, existing gains need to be locked in by law. The bill will make bitcoin an integral part of the national reserve strategy to enhance the US's financial competitiveness, sending a strong confidence signal to the sector. The BTC spot market is closely watching these developments.