U.S. Rep. Nick Begich is calling for the nation to diversify its balance sheet by adding Bitcoin, proposing that America should build a reserve similar to its gold holdings. Speaking at the BTC in D.C. conference, the Alaska Republican emphasized the need for a stronger focus on digital assets, saying Bitcoin could serve as a strategic safeguard for the country’s future economy.

Together with Sen. Cynthia Lummis, Begich introduced the BITCOIN Act, which outlines a plan to acquire one million bitcoins over five years through budget-neutral strategies. The proposal expands on former President Donald Trump’s executive order, which secured government-held crypto assets, and seeks to formally establish Bitcoin as a strategic reserve asset alongside gold.

The initiative has gained backing from major figures in the crypto industry, including MicroStrategy co-founder Michael Saylor. Supporters argue the move would secure America’s leadership in the digital revolution and strengthen long-term economic resilience. Begich said the legislation is about ensuring “America’s economic future.”