Definitions

In this Act: (1) Airdrop The term airdrop means a gratuitous distribution of digital assets to holders of Bitcoin in a broad, equitable, and non-discretionary manner. (2) Bitcoin Purchase Program The term Bitcoin Purchase Program means the program established under section 5(a). (3) Cold storage The term cold storage means a method of storing private keys required to transact in Bitcoin, with a nexus to a secure physical location, protected from unauthorized access and isolated from any network connections. (4) Fork The term fork means a change to the consensus mechanism of a distributed ledger that creates a separate ledger, resulting in a new digital asset that shares a common transaction history with Bitcoin up to the point of the change. (5) Secretary The term Secretary means the Secretary of the Treasury. (6) Strategic Bitcoin Reserve The term Strategic Bitcoin Reserve means the decentralized network of secure Bitcoin storage facilities established pursuant to section 4(a).