S. 954: Boosting Innovation, Technology, and Competitiveness through Optimized Investment Nationwide Act of 2025

This bill, known as the Boosting Innovation, Technology, and Competitiveness through Optimized Investment Nationwide Act of 2025, aims to establish a mechanism for the United States government to acquire, manage, and store Bitcoin as part of its financial assets. Below are the primary components of the bill:

Establishment of a Strategic Bitcoin Reserve

The bill mandates the creation of a decentralized network of secure facilities across the United States called the Strategic Bitcoin Reserve. This reserve is intended for the cold storage of Bitcoin owned by the federal government. The Secretary of the Treasury will oversee its security and management.

Bitcoin Purchase Program

The bill outlines a plan for the U.S. government to purchase Bitcoin at a rate of 200,000 Bitcoins per year for five years, totaling 1,000,000 Bitcoins. The purchases are to be conducted transparently and strategically to avoid disturbing market prices.

Minimum Holding Period

Once acquired, all Bitcoin in the Strategic Bitcoin Reserve must be held for a minimum of 20 years. During this period, these assets cannot be sold or traded. After this period, the Secretary of the Treasury will submit recommendations to Congress regarding the future management of the Bitcoin reserves, including whether to sell a portion of them to reduce national debt.

Public Reporting and Transparency

The Secretary of the Treasury is required to publish annual reports on the status of the Bitcoin holdings, detailing acquisitions, holdings, and security measures. Additionally, a Proof of Reserve system will be established to provide a public cryptographic attestation of the reserves.

Consolidation of Government Holdings

The bill stipulates that any Bitcoin held by federal agencies must be transferred to the Strategic Bitcoin Reserve and cannot be sold or swapped. This includes any Bitcoin that results from civil or criminal forfeitures.

Voluntary State Participation

States will have the option to store their Bitcoin holdings in segregated accounts within the Strategic Bitcoin Reserve, with specific conditions outlined for participation. Each state that opts to participate will retain ownership of its Bitcoin while agreeing to participate in the reserve’s security protocols.

Use of Federal Reserve Resources

The bill allows for utilizing surplus funds from the Federal Reserve to help finance the Bitcoin Purchase Program. Additionally, it modifies certain rules related to the management of gold certificates held by the Federal Reserve, potentially redirecting value from those assets toward Bitcoin purchases.

Protection of Private Property Rights

The legislation affirms individuals' rights to own Bitcoin and ensures that the federal government cannot seize private Bitcoin holdings. It recognizes the importance of self-custody and the protection of personal financial sovereignty in the digital age.

Modification of the Exchange Stabilization Fund

The bill modifies the Exchange Stabilization Fund to include Bitcoin as part of the instruments managed under this fund, reinforcing the role of Bitcoin in the U.S. financial system.

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