US bill seeks strategic BTC mining reserve

TLDR

US senators have introduced the Mined in America Act, a bill that would both certify domestic Bitcoin mining and write a Strategic Bitcoin Reserve into federal law.

1. The bill creates a voluntary Mined in America certification for U.S. mining facilities and ties it to a federal Strategic Bitcoin Reserve that holds BTC as a long term asset.
2. It targets a security risk where the U.S. hosts about 38% of Bitcoin hash rate but gets roughly 97% of mining hardware from China, pushing for domestic ASIC design and manufacturing.
3. If passed, it could reshape incentives for U.S. miners, formalize government BTC holdings, and influence similar state level reserve efforts, but it still has to clear Congress.

Deep Dive

1. What The Bill Actually Does

The Mined in America Act, introduced by Senators Bill Cassidy and Cynthia Lummis, would set up a voluntary federal certification for U.S. Bitcoin and digital asset mining facilities and pools that phase out hardware from foreign adversaries such as China and Russia source.

Crucially, the bill would codify President Trumps existing Strategic Bitcoin Reserve executive order by putting the reserve into statute under the Treasury Department, capitalized initially with BTC the government already holds from forfeitures and penalties source.

Certified miners could sell newly mined BTC directly into this reserve, with proposals for capital gains tax relief as a budget neutral way for the government to accumulate more Bitcoin without new taxpayer spending source.

2. Mining, China Risk, And Hardware Policy

Reports around the bill stress that the U.S. controls roughly 38 percent of global Bitcoin hash rate while around 97 percent of mining rigs come from Chinese manufacturers, which lawmakers frame as an industrial and national security vulnerability source.

The Act directs the Commerce Department, NIST, and the Manufacturing Extension Partnership to support domestic ASIC development, with certified facilities required to phase out hardware tied to foreign adversaries over time source.

If implemented, this would treat Bitcoin mining hardware more like critical infrastructure, similar to chips or telecom gear, and could raise costs or create transition risk for miners who rely on cheaper imported rigs.

3. Market Impact And What To Watch

The Strategic Bitcoin Reserve is designed to hold BTC and generally not sell it, so if it grows, it would effectively remove some supply from the open market source. That is potentially supportive for long term scarcity, although the scale is not yet clear.

For miners, Mined in America status could become a badge that unlocks federal energy and infrastructure programs, but also ties them to stricter sourcing and security standards source. Meanwhile, several U.S. states, including Texas and Arizona, are already exploring their own Bitcoin reserve laws, showing a broader policy trend toward public sector BTC stockpiles source.

Key signals to watch are committee referral and hearings in the Senate, survival of tax incentives and reserve language through amendments, and whether a companion House bill appears with similar scope.

Conclusion

The Mined in America Act links three things that used to be separate debates: where Bitcoin is mined, who builds the hardware, and whether governments hold BTC as a strategic reserve asset. For crypto users, the bill is less about immediate price action and more about a slow shift toward Bitcoin being treated as infrastructure and reserve collateral inside the U.S. policy framework, with long term implications for mining economics, hardware supply chains, and sovereign demand for BTC.