$BTC
TheBitcoinAct Purpose: Establishes a Strategic Bitcoin Reserve to position the U.S. as a financial innovator, treating Bitcoin like gold in national reserves.
Plan: Buy 1 million BTC (5% of total supply) over 5 years (max 200,000 BTC/year) and hold it for at least 20 years, using it only to reduce national debt.
Funding: Uses existing Federal Reserve and Treasury funds (e.g., $6 billion/year from 2025-2029), with no new taxes or debt.
Management: Creates a secure, decentralized network of Treasury-managed Bitcoin vaults with strong security measures.
Rights: Protects private Bitcoin ownership and self-custody.
Oversight: Mandates quarterly proof-of-reserve reports and audits for transparency