Congresswoman Sheri Biggs Discloses Up to $250,000 BTC Investment via iShares Bitcoin ETF

Congresswoman Sheri Biggs of South Carolina invested up to $250,000 in Bitcoin via the iShares Bitcoin Trust (IBIT), marking one of the largest single Bitcoin-related purchases by a sitting member of Congress. The move coincides with Bitcoin's price rise following Iran's reopening of the Strait of Hormuz under a ceasefire, easing geopolitical tensions and boosting market optimism.