#TheBitcoinAct A The BITCOIN Law of 2024, officially titled "The Law for the Boost of Innovation, Technology and Competitiveness through Optimized Nationwide Investment," proposes the creation of a Strategic Reserve of Bitcoin for the U.S. 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 they are used to pay off federal debts. To finance these purchases without increasing federal debt, the Law suggests reallocating surplus funds from the Federal Reserve 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.