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Ex-Bridgewater CEO Turned Senator Doubles Down on Bitcoin Bet as Legislation Looms
Ex-Bridgewater CEO Turned Senator Doubles Down on Bitcoin Bet as Legislation Looms
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Wall Street meets crypto—again. Former Bridgewater chief and current Senator McCormick just upped his Bitcoin stake while quietly drafting legislation that could reshape the digital asset landscape. Coincidence? The Beltway’s poker face says no.
Behind the scenes: McCormick’s move mirrors a growing trend of institutional players hedging political and financial bets. Meanwhile, retail traders are left deciphering whether this is insider confidence or just another rich guy’s inflation play.
The kicker: As DC scrambles to regulate what it barely understands, one thing’s clear—the smart money isn’t waiting for permission. Classic finance, always late to its own party.
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