Rep. Marjorie Taylor Greene Buys iShares Bitcoin Trust (NASDAQ:IBIT) Shares

Representative Marjorie Taylor Greene (R-Georgia) recently bought shares of iShares Bitcoin Trust (NASDAQ:IBIT). In a filing disclosed on January 27th, the Representative disclosed that they had bought between $1,001 and $15,000 in iShares Bitcoin Trust stock on January 8th. The trade occurred in the Representative’s “DG TRUST” account.

Representative Marjorie Taylor Greene also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of Meta Platforms (NASDAQ:META) on 1/21/2025.
• Purchased $1,001 – $15,000 in shares of NextEra Energy (NYSE:NEE) on 1/21/2025.
• Purchased $1,001 – $15,000 in shares of Old Dominion Freight Line (NASDAQ:ODFL) on 1/21/2025.
• Purchased $1,001 – $15,000 in shares of Palo Alto Networks (NASDAQ:PANW) on 1/21/2025.
• Purchased $1,001 – $15,000 in shares of Eli Lilly and Company (NYSE:LLY) on 1/21/2025.
• Purchased $1,001 – $15,000 in shares of Devon Energy (NYSE:DVN) on 1/21/2025.
• Purchased $1,001 – $15,000 in shares of Advanced Micro Devices (NASDAQ:AMD) on 1/21/2025.
• Purchased $1,001 – $15,000 in shares of Kinder Morgan (NYSE:KMI) on 1/21/2025.
• Purchased $1,001 – $15,000 in shares of Norfolk Southern (NYSE:NSC) on 1/21/2025.
• Purchased $1,001 – $15,000 in shares of Cardinal Health (NYSE:CAH) on 1/21/2025.

iShares Bitcoin Trust Trading Down 0.2 %

Shares of NASDAQ:IBIT opened at $57.58 on Wednesday. iShares Bitcoin Trust has a 12-month low of $23.88 and a 12-month high of $61.75. The stock has a fifty day simple moving average of $55.88 and a two-hundred day simple moving average of $43.63.

Hedge Funds Weigh In On iShares Bitcoin Trust

A number of hedge funds have recently bought and sold shares of the company. IMC Chicago LLC purchased a new position in shares of iShares Bitcoin Trust in the third quarter worth $323,337,000. Murchinson Ltd. raised its position in iShares Bitcoin Trust by 87.1% in the 2nd quarter. Murchinson Ltd. now owns 1,642,535 shares of the company’s stock worth $56,076,000 after buying an additional 764,575 shares during the last quarter. Horizon Kinetics Asset Management LLC lifted its stake in iShares Bitcoin Trust by 11.9% during the 3rd quarter. Horizon Kinetics Asset Management LLC now owns 805,803 shares of the company’s stock valued at $29,114,000 after acquiring an additional 85,763 shares during the period. Parallax Volatility Advisers L.P. boosted its holdings in shares of iShares Bitcoin Trust by 127.6% during the 3rd quarter. Parallax Volatility Advisers L.P. now owns 660,000 shares of the company’s stock valued at $23,846,000 after acquiring an additional 370,000 shares during the last quarter. Finally, Clear Street Derivatives LLC bought a new stake in shares of iShares Bitcoin Trust in the third quarter worth approximately $23,686,000.

About Representative Greene

Marjorie Taylor Greene (Republican Party) is a member of the U.S. House, representing Georgia’s 14th Congressional District. She assumed office on January 3, 2021. Her current term ends on January 3, 2025. Greene (Republican Party) is running for re-election to the U.S. House to represent Georgia’s 14th Congressional District. She declared candidacy for the 2024 election. Marjorie Taylor Greene earned a bachelor’s degree in business administration from the University of Georgia. Greene’s career experience includes co-owning construction company Taylor Commercial and founding and owning a CrossFit gym.

iShares Bitcoin Trust Company Profile

The IShares Bitcoin Trust Registered (IBIT) is an exchange-traded fund that mostly invests in long btc, short usd currency. The fund is a passively managed fund that seeks to track the spot price of Bitcoin. IBIT was launched on Jan 5, 2024 and is issued by BlackRock.