Former Bridgewater CEO and Senator McCormick Reinvests in Bitcoin, Total Investment Could Reach $1 Million

Jinse reports that U.S. Senator and former Bridgewater CEO Dave McCormick has invested up to $1 million of his personal funds in Bitcoin, while the committee he is part of is preparing cryptocurrency legislation. Based on disclosures this week, McCormick has recently made multiple investments in Bitwise Bitcoin ETF, with amounts reaching hundreds of thousands of dollars. Disclosure documents reveal that his latest investment last month ranged between $310,000 and $700,000. Back in February, he disclosed investments in the Bitwise ETF amounting to $450,000, bringing his potential total investment close to a million. His investment represents a significant portion of Congress's actions on Bitcoin this year.