US Senator Lummis Buys More Bitcoin, Sees BTC as 'Excellent Store of Value' by josepha

hive-160342 · @josepha · Oct 9 '21

$0.87

US Senator Lummis Buys More Bitcoin, Sees BTC as 'Excellent Store of Value'

![image.png](https://cdn.steemitimages.com/DQmQfSzYmWiRTLzaMUobEkviqXdTnAMKhKjvNjadsJkFv4R/image.png)

Senator Cynthia Lummis of the U.S. Legislature has disclosed the value of her bitcoin to the public. She said her Bitcoin purchase is worth between $50K and $100K. Cynthia Lummis who is repenting Wyoming see bitcoin as an "excellent store of value" that should be in every investment portfolio.

>The pro-bitcoin senator from Wyoming, Cynthia Lummis, disclosed her recent bitcoin purchase in a periodic transaction report (PTR) Thursday.

>According to the filing, the senator bought BTC worth between $50,001 and $100,000 on Aug. 16. The price of bitcoin was around $45K at that time.

>The disclosure was made outside of the 45-day reporting deadline set by the Stop Trading on Congressional Knowledge (STOCK) Act. The Act requires members of Congress to disclose every purchase and sale of individual stocks, bonds, and commodity futures valued over $1,000 within 45 days of the transaction.

You can read more of this below.

[US Senator Lummis Buys More Bitcoin, Sees BTC as 'Excellent Store of Value'](https://news.bitcoin.com/us-senator-lummis-buys-more-bitcoin-sees-btc-as-excellent-store-of-value/)

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