Senator Hagerty Signals U.S. Strategic Bitcoin Reserve Expansion Could Advance Soon in Congress

U.S. Senator Bill Hagerty indicated that legislation expanding the Strategic Bitcoin Reserve could advance soon once lawmakers address the CLARITY Act. Momentum grew after the House Financial Services Committee approved the Strategic Bitcoin Reserve Bill, authorizing a dedicated federal storage framework. Legislative proposals include acquiring up to 1 million BTC over five years with a 20-year retention rule, while other proposals discuss holding about 200,000 BTC. Arkham data shows the U.S. government already holds 306,795 BTC worth roughly $24.54 billion as the largest sovereign holder.