Boosting Innovation, Technology, and Competitiveness through Optimized Investment Nationwide Act of 2025 or the BITCOIN Act of 2025 This bill provides for the acquisition and storage of the cryptocurrency Bitcoin by the U.S. government. The Department of the Treasury must purchase one million Bitcoins over a five-year period and hold the Bitcoins in trust for the United States. The bill also allows for additional acquisitions through specified transfers, forfeitures, and gifts. All Bitcoins acquired by the United States and placed into the Strategic Bitcoin Reserve must be held for at least 20 years. At the end of this period and upon the recommendation of Treasury, a percentage of the holdings may be sold to reduce the national debt. The bill also establishes exceptions to this holding period for specified Bitcoin asset distributions and splits. The bill directs Treasury to establish a Strategic Bitcoin Reserve for the secure storage of U.S. Bitcoins. The reserve must be a decentralized network of secure facilities across the United States. Existing U.S. Bitcoin holdings must be transferred to the reserve. States may voluntarily store Bitcoin holdings in the reserve in segregated accounts. The bill also reduces the total amount of U.S. dollars Federal Reserve banks may hold in surplus and requires Federal Reserve banks to remit a certain amount of net earnings annually to the purchase of Bitcoins. The bill also allows the use of Treasury’s Exchange Stabilization Fund to carry out purchases made under this bill.
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Lobbying filed by PHARMACEUTICAL RESEARCH AND MANUFACTURERS OF AMERICA
Lobbying filed by PHARMACEUTICAL CARE MANAGEMENT ASSOCIATION
Lobbying filed by AMERICA'S HEALTH INSURANCE PLANS INC (AHIP)
Lobbying filed by THE CIGNA GROUP AND SUBSIDIARIES (FORMERLY CIGNA CORPORATION AND SUBSIDIARIES)
Lobbying filed by AMERICA'S HEALTH INSURANCE PLANS INC (AHIP)
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
| Registrant | Client | Amount | Filed | Period | Issues |
|---|---|---|---|---|---|
| PHARMACEUTICAL RESEARCH AND MANUFACTURERS OF AMERICA | PHARMACEUTICAL RESEARCH AND MANUFACTURERS OF AMERICA | $960.0M | Apr 22, 2024 | 2024Q1 | BUDCPTHCR |
| PHARMACEUTICAL CARE MANAGEMENT ASSOCIATION | PHARMACEUTICAL CARE MANAGEMENT ASSOCIATION | $480.4M | Apr 22, 2024 | 2024Q1 | MMMHCRPHA |
Congress members who traded stocks in companies connected to lobbying on this bill, within 90 days of its introduction date.
| Member | Party | Ticker | Company | Trade | Date | Amount | Timing | Lobbying Client | Conflict |
|---|---|---|---|---|---|---|---|---|---|
| Robert P. Bresnahan, Jr. | R | K | K | Buy | Apr 8, 2025 | $1,001 - $15,000 | 28d after | HIGHMARK INC | 37% |
| Robert P. Bresnahan, Jr. | R | K |
14 trades by 3 members of Congress in companies connected to lobbying on S 954. The average conflict score is 33%.
CapitolExposed identifies the "bill-lobbying-trade pipeline" by: (1) finding lobbying filings (LD-2) that specifically mention this bill, (2) matching lobbying clients to publicly traded companies, and (3) finding stock trades by members of Congress in those companies within 90 days of the bill's introduction date. Trades made before the bill was introduced are highlighted in red, as they may indicate advance knowledge. This analysis surfaces correlations worthy of scrutiny; it does not prove wrongdoing.
Julie Johnson sold ALE
Bill introduced
Robert P. Bresnahan, Jr. bought K
Robert P. Bresnahan, Jr. bought K
Robert P. Bresnahan, Jr. bought K
Robert P. Bresnahan, Jr. bought K
| AMERICA'S HEALTH INSURANCE PLANS, INC. (AHIP) |
| AMERICA'S HEALTH INSURANCE PLANS INC (AHIP) |
| $421.0M |
| Apr 22, 2024 |
| 2024Q1 |
HCRMMMINS |
| THE CIGNA GROUP AND SUBSIDIARIES (FORMERLY CIGNA CORPORATION AND SUBSIDIARIES) | THE CIGNA GROUP AND SUBSIDIARIES (FORMERLY CIGNA CORPORATION AND SUBSIDIARIES) | $291.0M | Apr 22, 2024 | 2024Q1 | MMMHCRDEF |
| AMERICA'S HEALTH INSURANCE PLANS, INC. (AHIP) | AMERICA'S HEALTH INSURANCE PLANS INC (AHIP) | $261.0M | Jan 21, 2025 | 2024Q4 | HCRMMMINS |
| AMERICA'S HEALTH INSURANCE PLANS, INC. (AHIP) | AMERICA'S HEALTH INSURANCE PLANS INC (AHIP) | $256.0M | Oct 21, 2024 | 2024Q3 | HCRMMMINS |
| ELI LILLY AND COMPANY | ELI LILLY AND COMPANY | $246.5M | Jul 18, 2024 | 2024Q2 | TRDHCRMMM |
| AMERICA'S HEALTH INSURANCE PLANS, INC. (AHIP) | AMERICA'S HEALTH INSURANCE PLANS INC (AHIP) | $239.0M | Jul 22, 2024 | 2024Q2 | HCRMMMINS |
| THE CIGNA GROUP AND SUBSIDIARIES (FORMERLY CIGNA CORPORATION AND SUBSIDIARIES) | THE CIGNA GROUP AND SUBSIDIARIES (FORMERLY CIGNA CORPORATION AND SUBSIDIARIES) | $220.0M | Jul 22, 2024 | 2024Q2 | MMMHCRDEF |
| ELI LILLY AND COMPANY | ELI LILLY AND COMPANY | $179.5M | Oct 17, 2024 | 2024Q3 | TRDHCRMMM |
| ELI LILLY AND COMPANY | ELI LILLY AND COMPANY | $173.0M | Apr 18, 2024 | 2024Q1 | TRDHCRMMM |
| THE CIGNA GROUP AND SUBSIDIARIES (FORMERLY CIGNA CORPORATION AND SUBSIDIARIES) | THE CIGNA GROUP AND SUBSIDIARIES (FORMERLY CIGNA CORPORATION AND SUBSIDIARIES) | $172.0M | Oct 21, 2024 | 2024Q3 | DEFMMMHCR |
| THE CIGNA GROUP AND SUBSIDIARIES (FORMERLY CIGNA CORPORATION AND SUBSIDIARIES) | THE CIGNA GROUP AND SUBSIDIARIES (FORMERLY CIGNA CORPORATION AND SUBSIDIARIES) | $142.0M | Jan 21, 2025 | 2024Q4 | MMMHCRDEF |
| NFIB (NATIONAL FEDERATION OF INDEPENDENT BUSINESS) | NFIB (NATIONAL FEDERATION OF INDEPENDENT BUSINESS) | $129.6M | Apr 22, 2024 | 2024Q1 | SMB |
| NFIB (NATIONAL FEDERATION OF INDEPENDENT BUSINESS) | NFIB (NATIONAL FEDERATION OF INDEPENDENT BUSINESS) | $126.1M | Jul 22, 2024 | 2024Q2 | SMB |
| KAISER FOUNDATION HEALTH PLAN INC. | KAISER FOUNDATION HEALTH PLAN INC | $68.0M | Jul 22, 2024 | 2024Q2 | ALCHCRMMM |
| CAMBIA HEALTH SOLUTIONS | CAMBIA HEALTH SOLUTIONS | $65.0M | Jul 19, 2024 | 2024Q2 | HCRMMM |
| CAMBIA HEALTH SOLUTIONS | CAMBIA HEALTH SOLUTIONS | $60.0M | Apr 12, 2024 | 2024Q1 | HCRMMM |
| NATIONAL ASSOCIATION OF WHOLESALER-DISTRIBUTORS | NATIONAL ASSOCIATION OF WHOLESALER-DISTRIBUTORS | $41.0M | Jan 17, 2025 | 2024Q4 | LBRECNHCR |
| BREAKTHROUGH T1D (FORMERLY KNOWN AS JDRF INTL.) | BREAKTHROUGH T1D (FORMERLY KNOWN AS JDRF INTL.) | $37.0M | Jul 22, 2024 | 2024Q2 | BUDHCR |
| KAISER FOUNDATION HEALTH PLAN INC. | KAISER FOUNDATION HEALTH PLAN INC | $22.0M | Jan 16, 2025 | 2024Q4 | DEFPHAALC |
| KAISER FOUNDATION HEALTH PLAN INC. | KAISER FOUNDATION HEALTH PLAN INC | $21.0M | Oct 21, 2024 | 2024Q3 | HCRMMMTAX |
| ELI LILLY AND COMPANY | ELI LILLY AND COMPANY | $19.0M | Jan 13, 2025 | 2024Q4 | TRDHCRMMM |
| HIGHMARK, INC. | HIGHMARK INC | $17.0M | Jul 18, 2024 | 2024Q2 | PHAHCRMMM |
| HIGHMARK, INC. | HIGHMARK INC | $15.0M | Apr 19, 2024 | 2024Q1 | PHAHCRMMM |
| BREAKTHROUGH T1D (FORMERLY KNOWN AS JDRF INTL.) | BREAKTHROUGH T1D (FORMERLY KNOWN AS JDRF INTL.) | $14.0M | Oct 21, 2024 | 2024Q3 | BUDHCR |
| KAISER FOUNDATION HEALTH PLAN INC. | KAISER FOUNDATION HEALTH PLAN INC | $14.0M | Apr 23, 2024 | 2024Q1 | DEFHCRMMM |
| HIGHMARK, INC. | HIGHMARK INC | $13.0M | Oct 17, 2024 | 2024Q3 | PHAHCRMMM |
| NATIONAL ASSOCIATION OF WHOLESALER-DISTRIBUTORS | NATIONAL ASSOCIATION OF WHOLESALER-DISTRIBUTORS | $12.6M | Apr 16, 2024 | 2024Q1 | LBRECNHCR |
| ANCHOR LABS, INC. | ANCHOR LABS, INC. | $12.0M | Apr 16, 2025 | 2025Q1 | ACCBANFIN |
| NATIONAL ASSOCIATION OF WHOLESALER-DISTRIBUTORS | NATIONAL ASSOCIATION OF WHOLESALER-DISTRIBUTORS | $12.0M | Oct 17, 2024 | 2024Q3 | LBRECNHCR |
| ANCHOR LABS, INC. | ANCHOR LABS, INC. | $11.0M | Jul 14, 2025 | 2025Q2 | BANFINTAX |
| NATIONAL ASSOCIATION OF WHOLESALER-DISTRIBUTORS | NATIONAL ASSOCIATION OF WHOLESALER-DISTRIBUTORS | $10.2M | Jul 22, 2024 | 2024Q2 | LBRECNGOV |
| NATIONAL ASSOCIATION OF WHOLESALER-DISTRIBUTORS | NATIONAL ASSOCIATION OF WHOLESALER-DISTRIBUTORS | $10.2M | Jul 22, 2024 | 2024Q2 | TRABANDEF |
| INVARIANT LLC | CIGNA CORPORATION | $9.0M | Apr 21, 2024 | 2024Q1 | DEFHCRMMM |
| AVENUE SOLUTIONS | BLUE CROSS BLUE SHIELD ASSOCIATION | $8.0M | Apr 22, 2024 | 2024Q1 | HCRMMM |
| PUBLIC CITIZEN | PUBLIC CITIZEN | $7.3M | Jul 12, 2024 | 2024Q2 | BANBUDCIV |
| PUBLIC CITIZEN | PUBLIC CITIZEN | $6.5M | Oct 15, 2024 | 2024Q3 | BANBUDHCR |
| MERCURY STRATEGIES, LLC | ANCHORAGE DIGITAL BANK | $6.0M | Jul 25, 2025 | 2025Q2 | FINBANTAX |
| MERCURY STRATEGIES, LLC | ANCHORAGE DIGITAL BANK | $6.0M | May 6, 2025 | 2025Q1 | FIN |
| PONTIFEX STRATEGIES LLC | SIXTEEN THIRTY FUND | $4.0M | Jan 7, 2025 | 2024Q4 | HCR |
| PONTIFEX STRATEGIES LLC | SIXTEEN THIRTY FUND | $4.0M | Oct 1, 2024 | 2024Q3 | HCR |
| PONTIFEX STRATEGIES LLC | SIXTEEN THIRTY FUND | $4.0M | Jul 14, 2024 | 2024Q2 | HCR |
| PONTIFEX STRATEGIES LLC | SIXTEEN THIRTY FUND | $4.0M | Apr 2, 2024 | 2024Q1 | HCR |
| T1INTERNATIONAL USA | T1INTERNATIONAL USA | Undisclosed | Apr 8, 2025 | 2025Q1 | HCR |
| T1INTERNATIONAL USA | T1INTERNATIONAL USA | Undisclosed | Jul 16, 2024 | 2024Q2 | HCR |
| K |
| Buy |
| Apr 8, 2025 |
| $1,001 - $15,000 |
| 28d after |
| BREAKTHROUGH T1D (FORMERLY KNOWN AS JDRF INTL.) |
| 37% |
| Robert P. Bresnahan, Jr. | R | K | K | Buy | Apr 8, 2025 | $1,001 - $15,000 | 28d after | ANCHORAGE DIGITAL BANK | 37% |
| Robert P. Bresnahan, Jr. | R | K | K | Buy | Apr 8, 2025 | $1,001 - $15,000 | 28d after | KAISER FOUNDATION HEALTH PLAN INC | 37% |
| Julie Johnson | D | ALE | ALE | Sell | Jan 28, 2025 | $1,001 - $15,000 | 42d before | NATIONAL ASSOCIATION OF WHOLESALER-DISTRIBUTORS | 18% |
| Julie Johnson | D | ALE | ALE | Sell | Jan 28, 2025 | $1,001 - $15,000 | 42d before | NATIONAL ASSOCIATION OF WHOLESALER-DISTRIBUTORS | 18% |
| Gilbert Ray Cisneros, Jr. | D | K | K | Buy | Jan 24, 2025 | $1,001 - $15,000 | 46d before | ANCHORAGE DIGITAL BANK | 32% |
| Gilbert Ray Cisneros, Jr. | D | K | K | Buy | Jan 24, 2025 | $1,001 - $15,000 | 46d before | BREAKTHROUGH T1D (FORMERLY KNOWN AS JDRF INTL.) | 32% |
| Gilbert Ray Cisneros, Jr. | D | K | K | Buy | Jan 24, 2025 | $1,001 - $15,000 | 46d before | HIGHMARK INC | 32% |
| Gilbert Ray Cisneros, Jr. | D | K | K | Buy | Jan 24, 2025 | $1,001 - $15,000 | 46d before | KAISER FOUNDATION HEALTH PLAN INC | 32% |
| Gilbert Ray Cisneros, Jr. | D | K | K | Buy | Apr 29, 2025 | $1,001 - $15,000 | 49d after | ANCHORAGE DIGITAL BANK | 36% |
| Gilbert Ray Cisneros, Jr. | D | K | K | Buy | Apr 29, 2025 | $1,001 - $15,000 | 49d after | KAISER FOUNDATION HEALTH PLAN INC | 36% |
| Gilbert Ray Cisneros, Jr. | D | K | K | Buy | Apr 29, 2025 | $1,001 - $15,000 | 49d after | HIGHMARK INC | 36% |
| Gilbert Ray Cisneros, Jr. | D | K | K | Buy | Apr 29, 2025 | $1,001 - $15,000 | 49d after | BREAKTHROUGH T1D (FORMERLY KNOWN AS JDRF INTL.) | 36% |