The full text of the Strategic Bitcoin Reserve Act by U.S. Representative Nick Begich has been released.

CoinFeed reported on June 5 that, according to the text of H.R. 8957 published on the U.S. Congress website, Representative Nick Begich proposed the "American Reserve Modernization Act of 2026" in May 2026, which aims to formally establish a U.S. "Strategic Bitcoin Reserve" and a "Digital Asset Stockpile".