Republican Rep. Larry Bucshon has bought up to $15,000 in the SPAC that is slated to take public former President Donald Trump's planned social media platform.
The Indiana congressman purchased a stake in Digital World Acquisition Corp., or DWAC, on Oct. 25, according to a public disclosure released on Monday. The investment is worth at least $1,001 but no more than $15,000.
Bucshon's investment is the second disclosed DWAC purchase from a member of Congress. CNBC reported last week that Rep. Marjorie Taylor Greene has invested up to $50,000 in the SPAC. It also appears to be the first stock transaction disclosed by Bucshon since 2013, according to Quiver Quantitative, an alternative data firm that tracks Congressmen's trading activities.
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