#TheBitcoinAct The BITCOIN Act of 2024, officially titled the "Boosting Innovation, Technology, and Competitiveness through Optimized Investment Nationwide Act," proposes the establishment of a U.S. Strategic Bitcoin Reserve. Under this legislation, the Department of the Treasury would acquire up to one million Bitcoins over five years, holding them for a minimum of 20 years, unless used to retire federal debt. To fund these purchases without increasing federal debt, the Act suggests reallocating Federal Reserve surplus funds and adjusting the valuation of gold certificates to reflect current market prices. Additionally, states may voluntarily store their Bitcoin holdings within the reserve in segregated accounts.