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Regulation

Sen. Hagerty says US Strategic Bitcoin Reserve could grow after CLARITY Act

Image: CoinTurk News

Senator Bill Hagerty has indicated that the US Strategic Bitcoin Reserve could be expanded beyond its estimated 200,000 BTC holdings, but only once Congress passes comprehensive crypto market structure legislation. In a recent interview with Bitcoin Magazine, Hagerty stressed that progress on the stalled CLARITY Act must come first, and signaled that growth for the reserve may follow rapidly after legislative action. Hagerty outlined that the reserve’s future depends on lawmakers first addressing regulatory clarity. He avoided providing a firm timeline for possible expansion but maintained that legislative sequencing is essential. The senator credited Cynthia Lummis for related efforts, referencing her proposal that the US acquire 1 million BTC over five years, which would represent around 5% of bitcoin’s total circulating supply according to CoinGecko figures.

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