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Jakarta, Pintu News – Bitcoin is gaining ground among members of the US Congress, with some choosing the cryptocurrency to boost their personal wealth.
Marjorie Taylor Greene, a staunch supporter of Donald Trump and a US House member from Georgia, has invested in Bitcoin (BTC) through BlackRock’s iShares Bitcoin Trust.
According to a public disclosure seen on March 10, Greene purchased between $15,000 and $50,000 worth of Bitcoin exposure through the exchange-traded fund between March 3 and 4.
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In addition to Bitcoin (BTC), Greene bought Tesla shares. This company also owns Bitcoin (BTC) and Goldman Sachs, indicating its willingness to offer crypto services if regulators allow it.
According to records, Greene spent around $140,000 on this investment, with the largest allocation to Bitcoin (BTC). This investment shows Greene’s belief in Bitcoin’s (BTC) potential as a future asset.
The investment comes amid a shift in the United States’ national strategy under President Donald Trump’s leadership. Trump is increasingly considering Bitcoin (BTC) as a backup asset. Despite this, not many policymakers have exposure to Bitcoin (BTC) in their investment portfolios.
Read also: DOGE Analysis: Dogecoin sellers dominate the market, DOGE price still struggles to break $0.20
Currently, only Senators Cynthia Lummis, Ted Cruz, and Representative Barry Moore are known to have Bitcoin (BTC) exposure. Previously, House members Bob Goodlatte and Madison Cawthorn were known to own Bitcoin (BTC).
However, it is possible that other members of Congress have investments in Bitcoin (BTC) through trusts and family accounts or control unreported Bitcoin (BTC).
The involvement of members of Congress in Bitcoin (BTC) investments indicates a shift in the outlook towards crypto at the high policy level. It also signals the potential for wider adoption in the future, as regulation and public acceptance of crypto improves.
Also read: Bitcoin Price Plummets, Is a Deeper Drop on the Way? Here’s the Latest Technical Analysis!
Investments by members of Congress like Greene show that Bitcoin (BTC) is increasingly being taken seriously as a component of the national financial strategy. With states vying to invest in crypto as a reserve asset, this move could be an important indicator of the future direction of US policy towards crypto.
The adoption of Bitcoin (BTC) by political figures could also influence public perception and increase trust in crypto as a legitimate investment asset. This is a significant step in Bitcoin’s (BTC) evolution from a fringe phenomenon to part of the financial mainstream.
Marjorie Taylor Greene’s investments in Bitcoin (BTC) and large company stocks represent a significant shift in the national financial outlook and strategy.
It’s not just about increasing personal wealth but also about utilizing crypto technology to prepare the US for the ever-changing dynamics of the global economy.
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