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Congresswoman Marjorie Taylor Greene (R-Ga.) has been actively buying up shares of a Bitcoin ETF in 2025. A brand new disclosure reveals one other buy, which got here throughout a dip within the value of the main cryptocurrency.
The congresswoman purchased $1,000 to $15,000 in shares of the iShares Bitcoin Belief (NASDAQ:IBIT) on Nov. 21, based on the Benzinga Government Trades page.
The buy provides to different purchases of the Bitcoin (CRYPTO: BTC) ETF in 2025, which embody the next:
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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 most recent transaction, the seven transactions now whole purchases of between $21,000 and $140,000 in IBIT shares in 2025.
The newest buy got here as Bitcoin was buying and selling down round $85,000. On Nov. 21, Bitcoin closed the day at $85,090.69. With Bitcoin buying and selling at $92,982.50 right now, the cryptocurrency is up 9.3%.
The iShares Bitcoin Belief closed at $47.97 on Nov. 21. With the ETF now at $52.74, shares are up 9.9% because the day of Greene’s buy.
Based mostly on congressional disclosure ranges, Greene’s most up-to-date IBIT buy has gained an estimated $99 to $1,485 to this point.
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Greene beforehand disregarded criticism this 12 months for the timing of her trades.
“I don’t place my buys and sells,” Greene stated beforehand, citing an settlement she has along with her portfolio supervisor, who handles all of the shopping for and promoting of shares. “He did an awesome job. Guess what he did. He purchased the dip. And that’s what anyone that has monetary sense does.”
The newest buy by Greene or her portfolio supervisor could possibly be one other instance of shopping for the dip and timing a commerce.
Different previous trades from Greene, like shopping for shares of Palantir Applied sciences and serving on the Armed Companies Committee have sparked pink flags from traders.
Greene not too long ago introduced she is going to resign from Congress in January, which implies her trades will not be publicly disclosed, assuming she exits politics.
Photograph: Shutterstock
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This text Marjorie Taylor Greene Buys The Bitcoin Dip, Here’s How Much She Made On Recent Purchase initially appeared on Benzinga.com
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