Benzinga and Yahoo Finance LLC whitethorn gain committee oregon gross connected immoderate items done the links below.
Congresswoman Marjorie Taylor Greene (R-Ga.) has been actively buying up shares of a Bitcoin ETF successful 2025. A caller disclosure shows different purchase, which came during a dip successful the terms of the starring cryptocurrency.
The congresswoman bought $1,000 to $15,000 successful shares of the iShares Bitcoin Trust (NASDAQ:IBIT) connected Nov. 21, according to the Benzinga Government Trades page.
The acquisition adds to different purchases of the Bitcoin (CRYPTO: BTC) ETF successful 2025, which see the following:
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Jan 8: $1,000 to $15,000
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March 3: $15,000 to $50,000
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Sept. 11: $1,000 to $15,000
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Oct. 9: $1,000 to $15,000
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Oct. 15: $1,000 to $15,000
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Oct. 24: $1,000 to $15,000
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With the latest transaction, the 7 transactions present full purchases of betwixt $21,000 and $140,000 successful IBIT shares successful 2025.
The latest acquisition came arsenic Bitcoin was trading down astir $85,000. On Nov. 21, Bitcoin closed the time astatine $85,090.69. With Bitcoin trading astatine $92,982.50 today, the cryptocurrency is up 9.3%.
The iShares Bitcoin Trust closed astatine $47.97 connected Nov. 21. With the ETF present astatine $52.74, shares are up 9.9% since the time of Greene's purchase.
Based connected legislature disclosure ranges, Greene's astir caller IBIT acquisition has gained an estimated $99 to $1,485 truthful far.
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Greene antecedently brushed disconnected disapproval this twelvemonth for the timing of her trades.
“I don’t spot my buys and sells," Greene said previously, citing an statement she has with her portfolio manager, who handles each the buying and selling of stocks. “He did a large job. Guess what helium did. He bought the dip. And that’s what anybody that has fiscal consciousness does."
The latest acquisition by Greene oregon her portfolio manager could beryllium different illustration of buying the dip and timing a trade.
Other past trades from Greene, similar buying shares of Palantir Technologies and serving connected the Armed Services Committee person sparked reddish flags from investors.
Greene precocious announced she volition resign from Congress successful January, which means her trades volition nary longer beryllium publically disclosed, assuming she exits politics.
Photo: Shutterstock
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