Trump Congressional Ally Discloses Latest Six-Figure Bitcoin Purchase

Representative Brandon Gill from Texas has significantly increased his Bitcoin investments, acquiring up to $2.6 million in Bitcoin this year according to House transaction reports. Recent filings show he purchased between $100,000 and $250,000 in Bitcoin on October 20, along with an investment in BlackRock's Bitcoin ETF. Since his election in January, Gill has made several Bitcoin purchases, including a notable $1 million acquisition on June 20. His office did not respond to inquiries regarding the recent transactions. Currently trading around $92,140, Bitcoin has seen a decline since reaching $126,000 last month. Gill's transactions are part of a broader trend among lawmakers investing in cryptocurrencies, raising questions about potential conflicts of interest amid increasing White House engagement with crypto policies. Federal laws require timely reporting of such trades, but Gill faced delays in disclosing earlier trades due to legal loopholes in the STOCK Act, which aims to prevent insider trading by Congress members.

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