New strategic bitcoin reserve bill drops 1 million BTC purchase target, adds 20-year lockup period
Hex37's read
- New Bitcoin reserve bill targets 1 million BTC acquisition.
- Proposed legislation introduces a mandatory 20-year lockup period.
- Bill mandates quarterly proof-of-reserve and third-party audits.
What it means for traders
- Long-term supply shock potential if the 20-year lockup is enacted.
- Increased institutional confidence expected from mandatory audit requirements.
Affected markets
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