Key Takeaways
- Rep. Marjorie Taylor Greene increased her Bitcoin exposure by investing in BlackRock’s Bitcoin ETF during a market dip.
- Several US politicians, including Rep. Brandon Gill, have recently boosted their holdings in Bitcoin and related ETFs.
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Rep. Marjorie Taylor Greene of Georgia reported this week that she increased her Bitcoin exposure during the latest market dip.
A periodic transaction report filed on December 2 shows that Greene purchased up to $15,000 worth of BlackRock’s iShares Bitcoin Trust (IBIT) on November 21, when Bitcoin briefly dropped to $82,100, its lowest price since April.
Bitcoin has since bounced back. After recovering above $84,000, the asset now trades at around $92,373, according to CoinGecko.
Greene’s filing adds to a series of Bitcoin-related disclosures she has made this year.
She is not the only US lawmaker adding exposure. A number of members of Congress have reported new Bitcoin positions in recent months.
In November, Rep. Brandon Gill disclosed buying up to $250,000 of BTC along with as much as $50,000 in IBIT shares.
Senator Dave McCormick reported on Thanksgiving that he had purchased up to $150,000 in shares of the Bitwise Bitcoin ETF.
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