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HomeCrypto NewsMarketUS Lawmaker Emerges as One of Bitcoin Most Consistent Buyers This Year

US Lawmaker Emerges as One of Bitcoin Most Consistent Buyers This Year

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U.S. Representative Marjorie Taylor Greene’s reputation in the crypto space has risen as she has increases her exposure to Bitcoin. 

The lawmaker has consistently accumulated shares of BlackRock’s iShares Bitcoin Trust ETF (IBIT) throughout the year. Her latest purchase appeared in a recent congressional disclosure, revealing that Greene (R-GA) acquired additional shares of IBIT on November 21, investing between $1,001 and $15,000. 

Consistent Investment in BlackRock’s Bitcoin ETF in 2025

Greene has made similar purchases all year. She began on January 8 with an investment of $1,000 to $15,000, followed by a larger buy of $15,000 to $50,000 on March 3. She continued accumulating IBIT with purchases ranging from $1,000 to $15,000 on September 11, October 9, October 15, and October 24, leading up to her most recent investment disclosed for November 21, bringing the total transactions to seven. 

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Overall, she has invested between $21,000 and $140,000 in BlackRock’s Bitcoin ETF this year. What makes her latest acquisition particularly notable is its timing. 

When she bought the IBIT shares on November 21, Bitcoin was trading near $85,000 and struggling to break free from the month’s bearish trend. IBIT reflected that weakness as well, closing the session at $47.97. 

Latest Purchase Sees Gains 

Since then, Bitcoin has rallied to $92,900 at press time, up 9.29% from its November 21 close. Similarly, IBIT has climbed to $52.80, up 10.06% from its previous close of $47.97.

As a result of this upward move, the disclosure shows that Greene’s most recent investment has appreciated by $99 to $1,485, based on congressional reporting ranges. 

Defending Investment Timing 

Her consistently well-timed trades have previously sparked criticism from investors who suspect she may have access to insider information. 

However, Greene has repeatedly denied these allegations and has instead praised her portfolio manager, who executes all her trades, for skillfully timing the market. While IBIT shares are not Bitcoin itself, the ETF gives investors direct exposure to BTC without requiring them to secure the asset themselves.

Despite rebounding to $52.80, IBIT remains down 9.05% YTD. As of December 3, the fund’s net assets stood at $72.30 billion. Additionally, IBIT currently has 1,369,360,000 outstanding shares, each backed by its proportional share of the fund’s $72.3 billion in net assets. 

DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

Author

Lele Jima
Lele Jima
Lele Jima is a cryptocurrency enthusiast and journalist who is focused on educating people about how the nascent asset class is transforming the world. Aside from cryptocurrency-related activities, Jima is a lover of sports and music.

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