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Georgia Representative Mike Collins disclosed investments in the Ski Mask Dog (SKI) token, purchasing between $1,001 and $15,000 in three transactions from December 1 to December 3, 2024, amid a crypto market surge. This follows his reelection victory and adds to his previous investments in Ether, Velodrome, Aerodrome Finance, and The Graph. Collins, who has supported crypto-friendly legislation, is the first member of Congress to file such a report in 2025, highlighting his growing interest in digital assets.
Georgia Congressman Mike Collins disclosed a cryptocurrency investment in the Ski Mask Dog (SKI) token, valued between $1,001 and $15,000, in his January 1 financial report. The SKI token surged from under $0.01 to over $0.35 following the U.S. election, reflecting increased market interest. Collins, who has a diverse crypto portfolio, complies with the STOCK Act, which mandates lawmakers to report such investments.
Representative Mike Collins of Georgia disclosed a cryptocurrency investment in Ski Mask Dog (SKI) valued between $1,001 and $15,000, made in December 2024. This follows his reelection victory, and he has previously invested in other digital assets like Ether and Velodrome. While some lawmakers push for stricter regulations on trading, Collins has not prioritized crypto in his policy agenda.
President Biden has expressed support for banning congressional stock trading, stating that members should not profit from the stock market while in office. This follows bipartisan efforts to restrict trading among lawmakers, including potential regulations on cryptocurrencies. The president's comments come amid concerns about conflicts of interest, particularly with lawmakers holding significant crypto investments.
MicroStrategy has significantly increased its Bitcoin holdings, purchasing $2.1 billion worth last week, bringing its total to 423,650 BTC valued at nearly $42 billion. Meanwhile, meme coins like DOG•GO•TO•THE•MOON and Baby Doge Coin have surged in value, reflecting renewed interest in the crypto market as Bitcoin approaches $100,000. Notably, DOG token reached an all-time high of $0.0096, while Baby Doge Coin saw a 33% price increase, nearing its previous peak.
Mike Collins
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