U.S. Senator Dave McCormick, a Republican from Pennsylvania and former CEO of Bridgewater Associates, has significantly invested in bitcoin (BTC), committing up to one million dollars this year. His recent investments, primarily in the Bitwise Bitcoin ETF, range from $310,000 to $700,000, following previous disclosures of as much as $450,000. As the leading bitcoin investor in Congress, McCormick's financial activities are particularly noteworthy as he serves on the Senate Banking Committee, which is poised to address upcoming crypto legislation. Advocating for bipartisan digital asset legislation, McCormick reflects his commitment to guiding the nascent crypto market while enhancing the economic landscape in the U.S. Despite focusing much of his investments in municipal securities lately, his stake in bitcoin positions him uniquely among lawmakers, with Representative Marjorie Taylor Greene also making smaller investments in crypto assets. McCormick's active role signals potential for major discussions on the regulation of digital assets this year.

Source 🔗