New questionable politician trade alert 🚨
Sen. Dave McCormick (R) disclosed buying another ~$600K of the Bitcoin ETF $BITBHe's now bought ~$900K YTDWhy is this notable?1) He bought ~$100K on 3/22) Just one day later, Trump tweeted about a Strategic Bitcoin Reserve3) He bought another ~$50K on 3/44) Just two days later, Trump signed an EO to establish the reserve5) on 3/11, the bill called "The Bitcoin Act of 2025" was introduced and referred to the Senate Banking Committee6) "Coincidentally" Senator McCormick sits on that exact committee7) That same day, McCormick doubled down and bought another $50K of $BITB8) He then bought another ~$150K the following daysConflict of interest here? Probably.
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