[New U.S. Strategic Bitcoin Reserve Bill Removes 1 Million BTC Purchase Target, Adds 20-Year Lock-Up Period] Odaily Planet Daily News: The U.S. House of Representatives has introduced a new bipartisan bill, the *American Reserve Modernization Act of 2026* (ARMA), proposing to include Bitcoin held by the U.S. government as part of its strategic reserves, with a mandatory lock-up period of at least 20 years. Unlike the previously proposed *BITCOIN Act*, the new bill no longer requires the U.S. government to purchase 1 million BTC. Instead, it focuses on incorporating Bitcoin already held or to be acquired in the future through criminal and civil forfeitures into the reserves. Additionally, the bill proposes the establishment of an independent digital asset inventory to manage non-Bitcoin crypto assets held by the federal government. According to the draft, Bitcoin included in the strategic reserve cannot be sold, exchanged, auctioned, pledged, or otherwise disposed of within the 20-year lock-up period. After the lock-up period ends, the Secretary of the Treasury may recommend selling up to 10% of the reserve assets within any two-year period. The bill also mandates the government to publish quarterly proof of reserves and conduct third-party audits of its Bitcoin holdings. Supporters argue that the U.S. should not sell strategic digital assets but instead hold them as part of a modernized national reserve system for the long term.