Texas Congressman Under Fire for Delayed Bitcoin Purchase Disclosure

Representative Brandon Gill faces scrutiny after purchasing up to $850,000 in Bitcoin before the U.S. announced a Bitcoin strategic reserve.

Jamie Bennett
Crypto Analyst
4 min read
13,221
Texas Congressman Under Fire for Delayed Bitcoin Purchase Disclosure
A Texas congressman, Brandon Gill, is in the spotlight for failing to disclose substantial investments in Bitcoin made earlier this year. Reports indicate that Gill acquired between $700,000 and $850,000 in Bitcoin on several dates, specifically January 29, February 27, May 13, and May 18 of 2025. This timing raised eyebrows as it came just as the U.S. government was preparing to announce a Bitcoin strategic reserve, potentially benefiting well-informed investors like Gill.

The scrutiny stems from concerns about whether the representative leveraged non-public information for personal gain. Gary Hill, an expert in financial regulations, commented, "The line between public service and personal profit is delicate, and this case may call for an investigation to assess ethical conduct."

Gill is a member of the committee that oversees financial regulations which adds to the complexity of the situation. Critics are questioning the integrity of investment disclosures, which are meant to ensure accountability and transparency among public officials.

Analysis

Market Sentiment

70% Bullish
Bearish Neutral Bullish

News Impact

8/10

Credibility: 8/10

Trading Recommendation

BTC
BTC
BUY

Entry Price

$40000

Confidence

80%

Stop Loss

$38000

Take Profit

$42000 - $44000

Recent positive news about significant Bitcoin purchases by a US politician indicated bullish sentiment, warranting a buy.