Congressional Traders Outperform Buffett with 149% Gains, Spotlight on Coinbase and Tech Stocks

Lawmakers in the 118th Congress have reportedly achieved staggering returns of up to 149% on stock trades, surpassing Warren Buffett’s legendary 19.9% annualized gains. The focus on tech equities—particularly Nvidia and crypto exchange Coinbase—has raised fresh concerns about insider trading. Nearly half of Congress holds individual stocks, with 189 Representatives and 54 Senators actively trading. This revelation highlights the intersection of politics, technology, and cryptocurrency markets, with Coinbase emerging as a key player in these high-performance trades.

Congressional Stock Trading Outperforms Buffett with 149% Gains in Tech and Crypto

Lawmakers in the 118th Congress have achieved staggering returns of up to 149% on stock trades, eclipsing Warren Buffett’s legendary 19.9% annualized gains. The focus on tech equities—particularly Nvidia and crypto exchange Coinbase—has raised fresh concerns about insider trading. Nearly half of Congress holds individual stocks, with 189 Representatives and 54 Senators actively trading.

Phone-executed trades ahead of policy announcements proved most lucrative. crypto holdings among members range from $750,000 to $2 million, with Representative Shri Thanedar disclosing $365,003-$800,000 in digital assets. The outperformance highlights both market savvy and potential ethical quandaries.

BlackRock Shifts Over 4,100 BTC to Coinbase Prime in ETF Rebalancing Move

BlackRock’s iShares Bitcoin Trust (IBIT) executed a significant transfer of 4,113 BTC ($429.4 million) to Coinbase Prime, marking its first large-scale movement in over a month. The transaction, completed in a series of structured transfers, suggests operational adjustments tied to ETF management or custodial reallocation.

Ten uniform transfers of 300 BTC each, totaling $313 million, were processed within two hours, with a single outlier of 212.687 BTC. The use of Coinbase Prime underscores BlackRock’s adherence to regulated custodial standards for its spot bitcoin ETF.

This activity coincides with heightened institutional engagement in digital assets, as on-chain data reveals strategic positioning by major players. The MOVE follows a prolonged period of accumulation, signaling potential portfolio rebalancing amid evolving market conditions.