Georgia Representative Mike Collins Discloses Cryptocurrency Investment in Ski Mask Dog (SKI) Token

YEREVAN (CoinChapter.com) —Georgia Representative Mike Collins started 2025 by disclosing a cryptocurrency investment in the Ski Mask Dog (SKI) token.

Georgia Representative Mike Collins disclosed a cryptocurrency investment in the Ski Mask Dog (SKI) token, according to a financial disclosure report filed on January 1.

The report revealed that Collins purchased SKI tokens valued between $1,001 and $15,000 in December.

The transactions occurred during a period of rising cryptocurrency prices, and the SKI token price had surged following the U.S. election on November 5.

At the time of the disclosure, the SKI token was trading around $0.25. Collins' disclosure aligns with the requirements of the STOCK Act, which mandates lawmakers to report purchases of stocks and cryptocurrencies.

The January filing adds to previous disclosures that showcased Collins' diverse cryptocurrency portfolio.

During his tenure, he has reported investments in Ether (ETH), Velodrome (VELO), Aerodrome Finance (AERO), and The Graph (GRT) among other assets, reflecting his sustained interest in the cryptocurrency market.

Collins, who represents Georgia's 10th congressional district, secured reelection in November, defeating Democratic candidate Lexy Doherty and garnering over 63% of the vote.

While it remains unclear if his cryptocurrency investments are linked to his political activities, the transactions occurred during a period of significant market movement.

The SKI token launched in mid-2024 and remained below $0.01 for months.

However, following the U.S. election, its value surged and reached an all-time high of over $0.35 by December 5.

Collins' transactions, recorded in his financial disclosure, were made during this upward trend.

The token's recent performance highlights broader interest in altcoins, and SKI's market activity underscores the dynamic nature of cryptocurrency investments among public figures like Collins.

Several lawmakers, including Senators Ted Cruz and Cynthia Lummis, have also disclosed cryptocurrency investments.

Despite Collins' crypto disclosures, digital assets do not appear to be a central focus of his legislative agenda.

However, he has supported measures like the Financial Innovation and Technology for the 21st Century Act, which aims to address cryptocurrency regulations.

Some members of Congress have raised concerns over the current financial disclosure policies, advocating for stricter rules to prevent conflicts of interest.

In July, a bipartisan group of senators proposed changes to the STOCK Act to restrict stock and crypto trading by lawmakers.

Whether these efforts will gain traction during the new congressional session remains to be seen.