Florida Republican Sells $800K Bitcoin to Fund Congressional Campaign

A Republican candidate for Florida’s 22nd Congressional District sold roughly $800,000 of Bitcoin on May 30 to self-fund his primary race. The liquidation of 10 BTC at approximately $80,000 each follows earlier reports that the campaign had raised over $2.5 million by April 2026, including nearly $1 million from crypto holdings. The candidate plans a $3 million TV ad buy ahead of the August primary while facing FEC scrutiny over Bitcoin and Ether disclosure rules. The one-time sale highlights Bitcoin’s liquidity for political spending but is viewed as having minimal market impact.