5 Shocking Facts: This US Congressman Secretly Bought IDR 41 Billion in Bitcoin!

Jakarta, Pintu News – While the crypto market is being hit by volatility and pressure from institutional sell-offs, a US politician is quietly accumulating large amounts of Bitcoin. Brandon Gill, a Republican US Congressman and ally of President Donald Trump, revealed that he has bought up to $2.6 million worth of Bitcoin (BTC) and BTC-based ETFs (at an exchange rate of $1 = Rp16,762) since January 2025.

The following are the key facts from the official report revealed by Decrypt as of November 19, 2025.

1. Buy BTC Direct & BlackRock IBIT ETFs

According to financial transaction reports filed with the US House of Representatives, Gill purchased between $100,000-$250,000 in Bitcoin (BTC) on October 20, 2025. A few days later, he also bought BlackRock’s IBIT Bitcoin ETF worth between $15,001-$50,000.

The IBIT ETF product is one of the largest Bitcoin-based exchange-traded funds in the world, managed by BlackRock and has more than $74 billion under management, according to CoinGlass data.

Also Read: Gold Outperforming Bitcoin? Asset Performance Analysis in 2025

2. BTC Gill’s Total Assets Reach Up to Rp43 Billion

Since being sworn in as a member of Congress in January 2025, Brandon Gill is known to have accumulated up to $2.6 million or IDR 43.58 billion in Bitcoin. This amount is obtained from periodic transaction reports that must be submitted by members of Congress.

Gill was noted to have made BTC purchases in several large tranches:

• $1 million on June 20
• $850,000 between January-February
• The rest were in three transactions in May and October.

3. Late to Report $500,000 BTC Transaction

According to an OpenSecrets report, Gill failed to report up to $500,000 of Bitcoin transactions on time as required by the STOCK Act. This law requires members of Congress to report any financial transactions within 45 days.

However, these violations only carry a light fine of $200 and are often waived. This raises concerns about transparency and potential conflicts of interest between public policy and private crypto ownership.

4. Purchase Timing Coincides with Trump Policy

Gill’s Bitcoin purchase coincided with an important political moment:

• The January transaction was made just after Trump signed an executive order for the easing of crypto regulations.
• The February transaction occurred ahead of Trump’s announcement of a “strategic Bitcoin reserve” on March 6, 2025.

This led to speculation that Gill’s purchases may be directly related to pro-crypto government policies.

5. Gill isn’t the only pro-crypto legislator

Besides Gill, Marjorie Taylor Greene also reportedly bought up to $60,000 in the IBIT ETF this year. In contrast, some members like Guy Reschenthaler are known to have sold their positions in BTC, XRP, and Solana (SOL).

This phenomenon shows that crypto is increasingly becoming part of policymakers’ financial portfolios, even as price volatility increases.

Also Read: 5 Reasons Solana (SOL) was Scooped Up by Institutions Despite Falling 30%: Whale’s Stealth Strategy?

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FAQ: Questions about the Bitcoin Purchase Case by Brandon Gill

Who is Brandon Gill and what does he have to do with Bitcoin?

Brandon Gill is a US House member from Texas and a supporter of President Trump’s crypto policy. He bought up to IDR 43 billion worth of Bitcoin since January 2025.

What is the IBIT ETF from BlackRock?

IBIT is a Bitcoin-based exchange-traded fund product managed by BlackRock, and is one of the largest BTC ETFs with $74 billion under management.

Is this Congressman’s purchase of Bitcoin legal?

Legal, but must be reported by the STOCK Act deadline. Gill reported some of his transactions late, but was only subject to minor administrative penalties.

What are the possible conflicts of interest behind this transaction?

Because the timing coincided with Trump’s pro-crypto policies, there was concern Gill might have policy information before the public.

Do other officials also buy or sell crypto?

Yes, some other members of the House of Representatives are also involved in buying and selling crypto assets such as Bitcoin (BTC), XRP, and Solana (SOL).

Reference:

• James Rubin. Trump Congressional Ally Discloses Latest Six-Figure Bitcoin Purchase. Accessed on November 19, 2025
• Featured Image: The Hill