Congressman Brandon Gill reports Bitcoin purchases and misses the disclosure deadline mandated by the STOCK Act. He reported four transactions totaling up to $850,000, though the purchases dated January 29 and February 27 fall outside the permitted 45-day notice window.
More on Brandon Gill’s Bitcoin Purchases
Representative Brandon Gill, a member of the U.S. House of Representatives from Texas’s 26th district, filed a Periodic Transaction Report (Filing ID #20030417) with Congress, which listed four rather substantial Bitcoin purchases.
- January 29, 2025: $100,001–$250,000
- February 27, 2025: $100,001–$250,000
- May 13, 2025: $100,001–$250,000
- May 18, 2025: $50,001–$100,000
Thus, the total amount of BTC investments made by Gill ranges from $350,000 to $850,000. This makes him one of the most actively crypto-exposed members of Congress, and once again demonstrates the strong interest of key government figures in Bitcoin.
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But this report also comes with certain issues, as it violates some provisions of the STOCK Act. The fact is that under this law, public officials are required to disclose financial transactions exceeding $1,000 within 45 calendar days. Since the report was filed on May 30, 2025, the transactions from January 29 and February 27 fall outside the 45-day period – and noticeably so. The other two transactions that occurred in May are not affected and were filed relatively promptly.
This type of violation does not carry severe consequences and typically results in a fixed $200 fine, while enforcement depends on several factors, including whether the disclosure was voluntary and the specific circumstances of the delay.
Conclusion
In my personal view, what matters here is something else. Yes, we have the positive fact that key institutional representatives and members of the government apparatus are consistently acquiring Bitcoin. But we also see how they neglect the very regulations they design and advocate for to ensure transparency and legality in crypto.
