Rep. Nick Begich’s American Reserve Modernization Act, co-led and publicly backed by Rep. Matt Van Epps, would place President Trump’s March 2025 Strategic Bitcoin Reserve order into statute by establishing a Treasury-held reserve for Bitcoin obtained through federal forfeitures and civil penalties. Reports say the bill would require the government to hold reserve Bitcoin for at least 20 years, limit any later sales to reducing the national debt, and include protections for individuals’ rights to own, transfer, and self-custody digital assets, along with quarterly public Proof of Reserve reporting and independent audits. A draft reviewed by The Block does not include a previously reported clause authorizing purchases of up to 1 million BTC, creating a discrepancy with earlier reporting and suggesting the current text emphasizes long-term custody of government-held Bitcoin rather than a fixed federal accumulation mandate. Reporting also conflicts on the number of original co-sponsors, with counts of 16, 17, and 18 cited.