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CEO of Front Bridge Water Fund, Senator McCormick invests in Bitcoin again, with a total amount possibly reaching a million dollars.
[Former Bridgewater Fund CEO and Senator McCormick invests in Bitcoin, total amount may reach millions] Pennsylvania Republican Senator and former Bridgewater Fund CEO Dave McCormick has invested nearly $1 million of personal funds into Bitcoin. Financial disclosure documents show that he has continued to invest hundreds of thousands of dollars into Bitwise Bitcoin ETF, with a new investment range in March of $310,000 to $700,000, and he had disclosed an investment of up to $450,000 in February. The committee McCormick is part of is preparing to draft encryption legislation. He has stated, "This Congress must work with President Trump to push through bipartisan digital asset legislation."