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House Bill Orders Treasury to Map Out Strategic Bitcoin Reserve Within 90 Days of Enactment

The directive grows out of President Trump’s March order, with potential to set federal benchmarks for custody and accounting.

U.S. moves ahead in strategic Bitcoin reserve plan: 'To spur American innovation'
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bitcoin custody USA Treasury Department U.S. Treasury Department The Treasury Department bitcoin strategy strategic Bitcoin reserve
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Overview

  • House-reported appropriations language requires the Treasury to deliver, within 90 days of enactment, a public feasibility report on a Strategic Bitcoin Reserve and a separate custody and management plan for federal digital assets.
  • The mandated plan must detail custody architecture, key management, cybersecurity protections, interagency transfer procedures, legal authorities, balance-sheet treatment, and potential third-party custodians.
  • A classified requirement directs the Treasury Secretary and the NSA to submit a report on interagency coordination and operational security within the same 90-day window.
  • The measure was advanced by the House Appropriations Committee as House Report 119-236 and placed on the Union Calendar, awaiting full House consideration and subsequent Senate action.
  • The provision does not authorize purchases or reallocations of Bitcoin, instead formalizing planning and oversight for a reserve concept introduced by the March executive order.