U.S. Strategic Bitcoin Reserve Act: Wednesday Committee Vote

Unverified reports circulating online claim that the U.S. Strategic Bitcoin Reserve Act is scheduled for a committee vote on Wednesday. However, an analysis of official records indicates no published Senate Banking Committee agenda, notice, or corroborating report to confirm a scheduled vote or markup, meaning the timing remains strictly speculative. The underlying legislation, S. 954—formally named the BITCOIN Act of 2025—was reintroduced by Senator Cynthia Lummis in March 2025 and referred to the Senate Committee on Banking, Housing, and Urban Affairs. If passed, Section 5(a)(1) proposes the federal purchase of 200,000 Bitcoins per year over five years to reach an acquisition target of 1,000,000 Bitcoins, with provisions allowing transferred government assets to offset open-market buying requirements. Additionally, the proposal mandates a minimum 20-year holding period for acquired Bitcoin and quarterly public proof-of-reserves audits. While distinct from the March 2025 White House executive order on digital asset reserves, progress on the statutory bill remains at the early committee referral stage, with formal committee scheduling required before any legislative movement can occur.