US Senator Dave McCormick becomes the largest Bitcoin investor in the country's Congress

2025-04-25 09:48

According to Cryptonews, Dave McCormick, a Republican senator from Pennsylvania and former CEO of Bridgewater United, has become the largest Bitcoin investor in Congress. According to financial disclosures, he has invested multiple times in the Bitwise Bitcoin spot ETF, with a total investment of nearly $250000. In March of this year alone, he invested $310000 to $700000 in the ETF; The disclosed holdings in February amounted to $450000, bringing its total investment in the fund to nearly one million dollars. It is worth noting that a few days before Trump signed the executive order to explore the "Strategic Bitcoin Reserve," McCormick also purchased $65000 to $150000 worth of Bitwise Bitcoin ETF shares. In addition, other transactions he disclosed include the sale of Goldman Sachs stocks worth $1 million to $5 million. Except for McCormick, Montana Senator Steve Daines had previously held multiple cryptocurrency ETFs such as ProShares, Bitwise, Amplify, and Vaneck, but has now cleared all of them. Georgia Republican Congressman Marjorie Taylor Greene purchased shares of iShares Bitcoin Trust ETF before Trump announced his "Bitcoin Strategic Reserve" plan. Sun Yuchen, an advisor to World Liberty Financial under the Trump family, even claimed to be the largest shareholder of Valkyrie Fund.

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