Georgia Representative Marjorie Taylor Greene reported this week that she increased her holdings of Bitcoin during the recent market downturn. As lawmakers diversify their portfolios with digital assets, this trend highlights the growing political influence of mainstream cryptocurrency investment strategies.
A periodic transaction report filed on December 2 shows that Greene purchased up to $15,000 worth of BlackRock iShares Bitcoin Trust (IBIT) on November 21. At that time, the price of Bitcoin briefly fell to $82,100, the lowest point since April. Since then, Bitcoin has rebounded and is currently trading at around $92,373.
This report is yet another example of Greene’s series of Bitcoin-related disclosures this year. She is not the only U.S. lawmaker increasing her Bitcoin holdings. In recent months, several members of Congress have reported new Bitcoin positions.
In November, Representative Brandon Gill disclosed that he purchased up to $250,000 worth of Bitcoin, as well as up to $50,000 worth of IBIT shares.
Senator Dave McCormick reported on Thanksgiving Day that he purchased up to $150,000 worth of Bitwise Bitcoin ETF shares.
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