Key Points
- U.S. Representative Marjorie Taylor Greene invested in Bitcoin via BlackRock’s iShares Bitcoin Trust.
- Only a few U.S. policymakers, including Senators Cynthia Lummis and Ted Cruz, have known Bitcoin exposure.
Bitcoin’s adoption has reached the U.S. Congress, with lawmakers investing in the leading cryptocurrency for personal wealth.
Greene’s Bitcoin Investment
Marjorie Taylor Greene, a staunch Donald Trump supporter and U.S. Representative from Georgia, made an investment in Bitcoin (BTC) through BlackRock’s iShares Bitcoin Trust. Greene purchased an estimated $15,000 to $50,000 worth of Bitcoin exposure via BlackRock’s exchange-traded fund between March 3 and March 4, according to public disclosures.
In addition to Bitcoin, the Georgia GOP House member also bought shares in Tesla, a public company that holds BTC. She also invested in Goldman Sachs, which has shown interest in offering cryptocurrency services, subject to regulatory approval. The records indicate that Greene’s total investment was around $140,000, with the largest allocation going to Bitcoin.
Bitcoin Among Policymakers
Despite the U.S. moving towards a national Bitcoin strategy under President Donald Trump and various states considering the crypto as a reserve asset, not many policymakers have Bitcoin in their investment portfolios. At present, Senators Cynthia Lummis and Ted Cruz, along with Representative Barry Moore, are known to have Bitcoin exposure.
In the past, Representatives Bob Goodlatte and Madison Cawthorn also held BTC. It’s plausible that other lawmakers might have Bitcoin investments through trusts and family accounts, or they might possess undisclosed Bitcoin.