Another Bitcoin Buy During The Dip
Rep. Marjorie Taylor Greene (R-Ga.) or her portfolio manager has a knack for timing. The congresswoman's latest financial disclosure reveals another purchase of the iShares Bitcoin Trust (IBIT) on November 21, when Bitcoin (BTC) was trading around $85,000 during a notable dip in cryptocurrency prices.
The purchase, valued between $1,000 and $15,000, marks Greene's seventh acquisition of the Bitcoin ETF this year. Her 2025 buying spree includes:
- Jan 8: $1,000 to $15,000
- March 3: $15,000 to $50,000
- Sept. 11: $1,000 to $15,000
- Oct. 9: $1,000 to $15,000
- Oct. 15: $1,000 to $15,000
- Oct. 24: $1,000 to $15,000
That brings her total IBIT purchases for the year to somewhere between $21,000 and $140,000, based on congressional disclosure ranges.
The Returns So Far
The timing looks pretty good. Bitcoin closed at $85,090.69 on November 21 and is now trading at $92,982.50, representing a 9.3% gain. The iShares Bitcoin Trust closed at $47.97 that day and now sits at $52.74, up 9.9%.
Based on the disclosure ranges, Greene's most recent IBIT purchase has already generated estimated gains of $99 to $1,485.
Who's Actually Making These Trades?
Greene has faced criticism this year about the timing of her stock trades, particularly given her position on committees with access to sensitive information. Her response? She doesn't actually make the calls.
"I don't place my buys and sells," Greene said previously, explaining that her portfolio manager handles all trading decisions. "He did a great job. Guess what he did. He bought the dip. And that's what anybody that has financial sense does."
The latest Bitcoin ETF purchase certainly fits that pattern, coming during a cryptocurrency price dip that has since reversed.
Some of Greene's other trades have raised eyebrows among investors and ethics watchers, including purchases of Palantir Technologies (PLTR) shares while serving on the Armed Services Committee.
Greene recently announced she will resign from Congress in January. If she follows through and exits politics entirely, her trades will no longer be subject to public disclosure requirements, ending the window into her portfolio's performance.