South Carolina Congresswoman Just Doubled Down on Bitcoin With Another Six-Figure Buy

By Jack • April 18, 2026 10:15 pm • Comments

When a member of Congress quietly drops up to $250,000 on Bitcoin for the second time in less than a year, it tends to get people talking. And this one is worth paying attention to.

Rep. Sheri Biggs, the Republican lawmaker from South Carolina’s 3rd Congressional District, just disclosed another major purchase of BlackRock’s iShares Bitcoin Trust ETF (IBIT). The filing, submitted to the House Clerk on April 16, shows a transaction valued between $100,001 and $250,000, executed on March 4 through her spouse’s professionally managed account at UBS Financial Services.

Here’s the part that makes this interesting: Bitcoin was trading as low as $67,800 on March 4. That means Biggs, or more precisely her household, bought the dip. BTC has climbed roughly 14% since then, trading around $77,000 at the time of this writing.

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Insider Trackers flagged the new financial disclosure as it hit the public record:

This isn’t her first rodeo, either. Biggs made a nearly identical purchase back on July 9, 2025, also in the $100,001 to $250,000 range of IBIT shares. That earlier buy happened roughly one week before pro-crypto legislation passed the House. The timing raised eyebrows then, and it’s raising them again now.

Decrypt reported on the broader context surrounding her latest move:

The trade places Biggs among Congress’s most aggressive adopters of Bitcoin investment products, a cohort that already includes Senator David McCormick and Representative Brandon Gill, who have collectively reported hundreds of thousands of dollars in Bitcoin ETF purchases over the past year.

The filing arrives as the Senate weighs legislation that could turn the federal government into a large-scale Bitcoin buyer.

So you’ve got a congresswoman who has now invested up to half a million dollars in Bitcoin ETFs across two transactions, while simultaneously voting in favor of three major pro-crypto bills: the CLARITY Act, the GENIUS Act, and H.J. Res 25. The Stand With Crypto Alliance rates her as someone who “strongly supports crypto.” It all lines up.

The crypto community is taking notice, and some are reading the tea leaves:

That observation from Green Candle hits the nail on the head. When the people writing the rules are also placing six-figure bets on the asset class those rules will govern, the signal is hard to ignore.

Benzinga added more detail on the financial picture:

Biggs has a net worth of approximately $15.3 million and sits on the Foreign Affairs, Homeland Security, and Science, Space, and Technology committees. Her 2026 transactions total $487,000, and her all-time transaction volume, according to Quiver Quantitative, stands at $11.27 million.

The purchase was made through a professionally managed UBS Financial Services account. Bitcoin traded between $67,437 and $74,051 on March 4, the day of the transaction.

Biggs isn’t alone in Congress when it comes to betting big on BTC. Senator David McCormick and Rep. Brandon Gill have both reported substantial Bitcoin ETF holdings. But the pattern here, two six-figure buys timed around major crypto legislation, puts Biggs in a category of her own. Whether you see that as bullish conviction or a conflict-of-interest concern, the takeaway for the market is the same: the people in Washington aren’t just talking about Bitcoin anymore. They’re buying it.

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