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This Republican senator has lost tens of thousands of dollars on her bitcoin investments this year

1 month ago   |   By Business Insider

Sen. Cynthia Lummis, a Republican from Wyoming. Caroline Brehman-Pool/Getty Images
GOP Sen. Cynthia Lummis reported owning between $100,000 and $250,000 of bitcoin in 2021.
Bitcoin's value has plummeted by about 35% since Lummis' reporting date.
Because of this drop, the value of Lummis' bitcoin wallet fell between $35,200 and $88,000.
To date, 2022 has not been kind to bitcoin investors. That includes Sen. Cynthia Lummis of Wyoming. The Republican lawmaker, who sits on the Senate Banking, Housing, and Urban Affairs Committee, is an avid investor in cryptocurrency, specifically bitcoin...
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