Bitcoin News said the U.S. House Financial Services Committee plans to review H.R. 8957, the Strategic Bitcoin Reserve bill, on September 16, 2026, and move it into the committee voting process. According to Odaily, the bill would establish a strategic Bitcoin reserve at the U.S. Treasury and a separate digital asset reserve for non-Bitcoin assets.
The bill was introduced by Representative Nick Begich, with Jared Golden as the only Democratic co-sponsor. It says compliant Bitcoin obtained through federal forfeitures would be added to the reserve, while proceeds from selling or exchanging non-Bitcoin assets could be used to buy more Bitcoin or reduce the national debt.
The Treasury and Commerce departments would also study ways to acquire more Bitcoin over the next five years on a budget-neutral basis. The bill does not authorize borrowing, new taxes, or deficit spending to fund purchases. The committee review is scheduled to begin at 10:00 a.m. Eastern Time on Wednesday.
