Trump Congressional Ally Discloses Latest Six-Figure Bitcoin Purchase

Representative Brandon Gill from Texas has made significant investments in Bitcoin this year, reportedly purchasing up to $2.6 million in total. His latest transaction, filed on November 18, includes an acquisition of between $100,000 and $250,000 in Bitcoin on October 20, followed by a purchase of shares in BlackRock's Bitcoin ETF (IBIT) valued between $15,001 and $50,000. Since being sworn in early this year, Gill has consistently bought Bitcoin, accumulating substantial holdings. Notably, he has purchased up to $1.5 million in Bitcoin in several installments throughout June and January, with significant investments also disclosed under the STOCK Act, despite facing potential violations for late reporting. Gill's crypto initiatives align with supportive White House policies on digital assets spearheaded by former President Donald Trump. Bitcoin's market has seen fluctuations, recently trading around $92,140, down from a record high of over $126,000. Gill's commitment to Bitcoin investment raises questions regarding congressional accountability and the influence of the executive branch on cryptocurrency policy.

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