#bitcoin

Texas senator has purchased several ASICs for bitcoin mining

-- Texas Senator Ted Cruz has invested in the purchase of mining equipment.

-- He has publicly announced the purchase of three ASIC devices.

-- Cruz's purchase drew a positive reaction from the crypto community.

American politician, Senator from the state of Texas Ted Cruz purchased three ASIC devices for bitcoin mining. He wrote about it on his X page (formerly Twitter):

“I am proud to join the ranks of Texas bitcoin miners. Today my three ASICs started working,” reported Ted Cruz.

CEO of mining company Marathon Digital Fred Thiel commented on Cruz's purchase. He thanked the senator for “helping to secure the bitcoin network” and invited him to the Mining Disrupt conference in Miami.

In turn, Coinbase's CPO Faryar Shirzad said that Ted Cruz's investment is an investment in the future of the US financial system.

In the spring of 2023, the Texas senator admitted that he owns about 2 BTC and regularly buys bitcoin on Mondays. He described himself as a long-term investor who is not afraid of the volatility of the crypto market.

Another U.S. politician, presidential candidate Robert Kennedy Jr. reported purchasing 21 BTC since the start of his election campaign.