TLDR
A new US Senate bill aims to turn the existing Strategic Bitcoin Reserve from a presidential policy into law and tie it directly to domestic Bitcoin mining.
- The Mined in America Act would codify a Treasury-managed Strategic Bitcoin Reserve while creating a federal certification program for Mined in America Bitcoin operations.
- The reserve would be funded with seized BTC and potentially new coins sold directly by certified US miners, linking national reserves, energy policy, and mining hardware security.
- The bill is only at the introduction stage, so the key variables now are committee reception, hardware rules, and whether the reserve-related tax perks survive markup.
Deep Dive
1. What The Bill Actually Does
Senators Bill Cassidy and Cynthia Lummis introduced the Mined in America Act on March 30, 2026, to boost US Bitcoin (BTC) mining and enshrine a Strategic Bitcoin Reserve in statute. Reports from multiple outlets describe a voluntary Commerce Department certification for mining facilities that qualify as Mined in America plus formal creation of a Strategic Bitcoin Reserve inside the Treasury Department.
The bill would also take President Trumps 2025 executive order establishing a Strategic Bitcoin Reserve and write it into law, making reversal harder than an executive-only policy, as explained in detailed coverage of the reserve plan here.
The reserve is not a vague idea; it already exists at the executive level, and this bill tries to lock it in through Congress.
2. How The Strategic BTC Reserve Would Work
Under the earlier executive order, the reserve is capitalized with Bitcoin the US government already holds from criminal and civil forfeitures and certain penalties, and those coins are generally not meant to be sold. The order also created a separate stockpile structure for non-Bitcoin digital assets, with instructions to grow BTC holdings in budget-neutral ways.
The new bill goes further by creating a pipeline where certified miners can sell newly mined BTC directly to the reserve in exchange for capital gains tax relief, according to analyses of the proposal here. That connects three levers: domestic mining economics, hardware and energy policy, and a strategic BTC balance sheet at Treasury.
If passed as written, part of US block rewards could flow straight into federal reserves instead of only to private markets.
3. Why Mining, Hardware, And Security Are Central
The bill responds to a specific imbalance: the US provides roughly 38% of global Bitcoin hash rate, yet about 97% of mining hardware is manufactured in China, which lawmakers frame as a supply chain and security risk. Certified Mined in America facilities would need to phase out hardware from firms tied to foreign adversaries, with support for US-made equipment via NIST and other programs, as described in the legislative summaries here.
Progress is uncertain. The bill still needs committee referral, debate, and votes in both chambers, and key details like certification standards, enforcement, and the fate of the tax exemption could change significantly during markup.
The big signal is not immediate price impact, but that parts of Washington now treat Bitcoin infrastructure and reserves as strategic assets, subject to industrial and national security planning.
Conclusion
US policymakers are moving from debating whether Bitcoin matters to debating how to integrate it into energy, manufacturing, and reserve strategy. The Mined in America Act would, if passed, formalize a federal Bitcoin reserve and use domestic mining policy to feed it, but its final shape will depend on Congress, especially around hardware rules and tax treatment.
