Key takeaways: 

• According to a recent financial exposure with the U.S. Senate, Sen. Ted Cruz purchased bitcoin during its dip the previous month.
• According to the revelation, the Texas Republican purchased $15,001 to $50,000 of the cryptocurrency on Jan. 25.
• At the purchase, bitcoin was selling approximately $36,000 to $37,000 during a sell-off.

Sen. Ted Cruz reveals his bitcoin investment: 

According to a recent financial revelation with the U.S. Senate, Sen. Ted Cruz purchased bitcoin during its dip the prior month.

According to the revelation, the Texas Republican purchased between $15,001 to $50,000 of the planet’s most valuable cryptocurrency on Jan. 25. He utilized the brokerage River to complete the trade.

At the purchase, bitcoin was selling approximately $36,000 and $37,000 during a sell-off that flashed worries of a “crypto winter.” The last time occurred in late 2017 and early 2018 when bitcoin tanked as much as 80% from its then-record high. The digital coin sells roughly $41,500 as it begins to recover. The coin struck a record high of $69,000 in November.

Cruz has been aligning himself with bitcoin in current months, arriving as Texas appears as a bitcoin mining hub.

In August, he voiced out against conditions in the bipartisan Senate bill that had new tax laws for crypto-trading companies and brokers. In November, Cruz offered a resolution to let food retailers and other merchants serving Congress take cryptocurrency as payment.

Cointelegraph instead noted the Jan. 25 trade.