U.S. Congressman Discloses New Crypto Investment Amid Market Surge

As the 119th session of Congress begins, Georgia Representative Mike Collins has disclosed a recent cryptocurrency investment, purchasing between $1,001 and $15,000 of Ski Mask Dog (SKI).

The transactions occurred in early December 2024, during a surge in crypto prices following the U.S. elections. SKI, launched in May, saw a sharp rise from under $0.01 to a high of $0.35 before stabilizing at $0.25.

Collins, who won reelection with over 63% of the vote, has previously reported investments in Ethereum (ETH), Velodrome (VELO), and The Graph (GRT).

While not central to his political platform, he has supported pro-crypto legislation like the FIT21 Act, aligning with the growing influence of digital assets in Washington.

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The STOCK Act requires lawmakers to disclose trades, making Collins one of the first in 2025 to report crypto holdings.

His actions highlight the increasing role of cryptocurrencies in both the political and financial landscape, as debates over potential conflicts of interest in congressional trading continue.

Alexander Zdravkov

Alexander has been working in the crypto industry for three years, during which time he has established himself through his active participation in monitoring market dynamics and technological innovations. His interest in cryptocurrencies and new technologies is not just a professional commitment, but a deep personal passion. He follows the news in the sector daily, analyzes trends, and is excited about every new step in the development of blockchain solutions. His enthusiasm drives him to continuously learn and share knowledge, as he sees the future in digital finance and its role in global transformation.