"Representative Sheri Biggs has disclosed a purchase of up to $250,000 in Bitcoin exposure via the iShares Bitcoin Trust, marking one of the largest single Bitcoin-related buys by a sitting member of Congress."
"The trade places Biggs among Congress's most aggressive adopters of Bitcoin investment products, a cohort that already includes Senator David McCormick and Representative Brandon Gill."
"Biggs has previously been identified by crypto advocacy groups as strongly supportive of digital assets, and her latest filing underscores how lawmakers are increasingly gaining direct financial exposure to the sector they help regulate."
"Bitcoin price rose sharply above $77,000 today after Iran announced the Strait of Hormuz had been fully reopened under a ceasefire framework, easing fears of a potential supply shock."
Representative Sheri Biggs of South Carolina disclosed a Bitcoin investment of up to $250,000 through the iShares Bitcoin Trust. This transaction, executed on March 4, 2026, positions Biggs among Congress's notable Bitcoin investors. Other members, including Senator David McCormick and Representative Brandon Gill, have also reported significant Bitcoin ETF purchases. Biggs has been recognized for her support of digital assets, reflecting a trend of lawmakers gaining financial exposure to the sector they regulate. The investment coincides with Bitcoin's fluctuating price amid ongoing discussions on digital asset regulation.
Read at Bitcoin Magazine
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