THE STREET · 2026-10-29 18:50 UTC

Sen. Hagerty hints U.S. could add to its Bitcoin reserve 'very soon'

Sen. Hagerty says U.S. could expand its Bitcoin reserve 'very soon' after the CLARITY Act passes, which sets federal crypto regulatory oversight. The U.S. holds approximately 200,000 Bitcoin (~$16 billion) following Trump's March 2025 executive order to hold confiscated Bitcoin as a reserve instead of selling it. Any reserve expansion must be deficit-neutral and cannot increase federal borrowing; the CLARITY Act stalled in Senate with 49-50 votes in September, needing 60 to advance.

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