Senator, ex-bridgewater CEO Dave McCormick invested more than Bitcoin (BTC) as Bill in Works
US senator Dave McCormick, former chief executive of the Massive Hedge Fund Bridgewater Associates, puts his own cash on Bitcoin (BTC) as the committee he has at the end of the spear for a legislative effort to fix the digital assets industry.
McCormick made repeated -repeating investment in Bitwise Bitcoin ETF worth a hundred -thousand -dollars, according to DISCUSSIONS this week. Due to the ranges used in such lawmakers, the latest value invested last month can only be said to be between $ 310,000 and $ 700,000.
The new investment follows the McCormick disclosure of nearly $ 450,000 to the Bitwise ETF in February, which potentially bring his total investment closer to one million. His investments represent The majority of Bitcoin investment in Congress this year. Representative Marjorie Taylor Greene, a Georgia Republican, invested a smaller amount, favored the ishares bitcoin trust (IBIT) of Blackrock.
The Republican senator from Pennsylvania, held by a series of high-profile government posts throughout his career, was new to the Senate and placed on the Senate Committee subkomite that discuss digital properties. That is the group of lawmakers who are likely to be closest to the upcoming action of the crypto law that is expected to be moved this year.
As a candidate in the Senate last year, the former Hedge Fund Execued America need to rule In Crypto. He said During the first hearing of the digital assets of the subcomm committee In February, “This Congress should work with President Trump to pass the Bipartisan Digital Asset Law that guides the future of change and secure a stable future economic for the US”
While his stake in Bitcoin has exceeded other lawmakers, he has put most of his investments in municipal security in recent months, The Disclosures Show.
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