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How Many U.S. Lawmakers Actually Own Bitcoin? Fewer Than You Might Think

How Many U.S. Lawmakers Actually Own Bitcoin? Fewer Than You Might Think

CoinEditionCoinEdition2025/06/08 16:00
By:Parshwa Turakhiya

As of June 2025, fewer than 3% of U.S. Congress members have reported owning any form of cryptocurrency. Only 13 lawmakers have disclosed crypto exposure, and just nine of them own Bitcoin directly. Senator Cynthia Lummis, Senator Ted Cruz, and Vice President J.D. Vance remain the most prominent Bitcoin holders in Congress.

  • As of June 2025, fewer than 3% of U.S. Congress members have reported owning any form of cryptocurrency
  • Only 13 lawmakers have disclosed crypto exposure, and just nine of them own Bitcoin directly. 
  • Senator Cynthia Lummis, Senator Ted Cruz, and Vice President J.D. Vance remain the most prominent Bitcoin holders in Congress.

Despite a growing number of pro-Bitcoin voices in the U.S. Congress, only a handful of lawmakers currently report owning any form of cryptocurrency. 

Out of 535 elected members across the House and Senate, only 13 have confirmed exposure to digital assets. Even fewer, just nine, have reported owning Bitcoin directly. This stands in contrast to the increasingly positive rhetoric around crypto policy coming from both chambers in recent months.

“Who Has Skin in the Game?” Raises Questions On X

Prominent Bitcoin advocate and security engineer Jameson Lopp recently asked on X: “A decent number of U.S. Congress members speak favorably about Bitcoin. But how many of them actually believe in it enough to own any?” He pointed readers to https://bitcoinpoliticians.org , a tool tracking politicians’ holdings.

As of June 2025, fewer than 3 percent of Congress members have disclosed crypto holdings, according to the latest public financial disclosures filed under the STOCK Act.

The “Bitcoin Caucus”: A Small but Influential Group of Holders

Among the handful of crypto investors in Congress, a few key figures stand out. Senator Cynthia Lummis of Wyoming, a central architect of crypto legislation, was an early Bitcoin adopter, 2013 to be exact. Though she previously disclosed holdings worth over $230,000, Lummis has since placed her Bitcoin in a blind trust to comply with ethics rules. 

Senator Ted Cruz of Texas has also voiced strong support for Bitcoin, especially Bitcoin mining in his home state. His financial disclosures indicate holdings between 15,000 and 50,000 dollars in Bitcoin, purchased in 2022. 

Most notably, Vice President J.D. Vance of Ohio reports holding between $100,000 and $250,000 in Bitcoin. His position in the executive branch makes him one of the highest-ranking crypto-holding politicians in the U.S.

Senator Dave McCormick of Pennsylvania holds indirect exposure through a Bitwise Bitcoin ETF. While the exact amount is undisclosed, his investment adds to the list of lawmakers with ties to crypto markets.

In the House of Representatives, Brandon Gill of Texas disclosed up to 500,000 dollars in Bitcoin acquired earlier this year, although he submitted the report late. Barry Moore of Alabama and Guy Reschenthaler of Pennsylvania reported smaller Bitcoin holdings between 1,000 and 15,000 dollars.

Mike Collins of Georgia has diversified exposure including Ethereum, Solana and Cardano, with total crypto holdings estimated up to 95,000 dollars. On the Democratic side, Shri Thanedar of Michigan and Jeffrey Jackson of North Carolina had previously disclosed crypto activity, though both have exited most or all positions since 2024.

A Question of Conviction: More Politics Than Personal Investment?

The small number of actual investors, especially among Democrats, where disclosed holdings are nearly non-existent, contrasts sharply with the increasingly positive public statements about crypto policy. This gap between words and personal financial commitment continues to raise questions about the true motivations behind Washington’s recent pro-crypto shift.

Related: Binance Users Shed $223 Million in Tether and Bitcoin Holdings to Buy More Ethereum

As Congress prepares to debate a major crypto-related bill later this summer, the situation creates a critical dynamic. The legislative outcome will ultimately reveal whether U.S. crypto policy is shaped by the few lawmakers with direct financial skin in the game or by the vast majority who hold no personal investment in the technology.

Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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