US lawmaker purchases exposure to Bitcoin through Grayscale shares
Illinois Representative Marie Newman has disclosed she purchased up to $50,000 in exposure to crypto through shares of Grayscale Bitcoin Trust.
According to a financial disclosure report filed with the U.S. House of Representatives on Dec. 8, Congressperson Newman bought between $15,001 and $50,000 of GBTC between Nov. 9 and Dec. 4. In addition, she conducted four separate purchases of shares of Coinbase Global’s Class A stock between November and December, up to $215,000.
Members of the U.S. House of Representatives and Senate are permitted to buy, sell and trade stocks and other investments while in office but required to report such transactions of more than $1,000 within 30 to 45 days. This reporting is in accordance with the Stop Trading
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