US Senator also took advantage of the decline in Bitcoin, bought tokens

Investors across the world are expanding their crypto assets despite the ongoing uncertainty regarding the future of the cryptocurrency sector. Senator Ted Cruz, a pro-crypto activist from Texas, is also increasing his bitcoin holdings. In January of this year when bitcoin was struggling with losses, the 51-year-old Republican senator bought BTC tokens. According to a financial filing, Cruise invested between $15,000 (approximately Rs 11 lakh) to $50,000 (approximately Rs 37 lakh) to buy bitcoin.

This transaction was done on January 25, when BTC was trading at around $37,000 (Rs 27 lakh). A screenshot of Cruise’s official filing was tweeted by news portal Watcher Guru on February 5.