Trump Holds $50 Million in Bitcoin

Trump Holds Over $50 Million in Bitcoin, Federal Disclosure Reveals

Newly released federal financial disclosure documents show that former President Donald Trump holds more than $50 million worth of Bitcoin in a cold wallet.

The 927-page document, published by the U.S. Office of Government Ethics, indicates that the Bitcoin is held under CIC Digital LLC as a “Cryptocurrency Wallet Virtual Bitcoin Key (held in cold wallet).” The value is reported in the highest available category, “Over $50,000,000.” The exact amount could be higher, as the disclosure form does not require precise figures beyond this threshold.

The filing specifies that the Bitcoin is held within the Donald J. Trump Revocable Trust, with Trump listed as the sole beneficiary. This trust also encompasses his stake in Trump Media & Technology Group, the parent company of Truth Social.

The Bitcoin is notably stored in cold storage, meaning its private keys are kept offline. This method is commonly employed to mitigate online security risks, as opposed to storing assets on internet-connected systems or with third-party exchanges.

Bitcoin is not the only digital asset held by CIC Digital LLC, according to the filing. The company also lists an Ethereum wallet valued between $5 million and $25 million. Additionally, it holds a staked Ethereum position through a Coinbase staking agreement, which generated $510,808 in validator rewards. A USDC stablecoin holding is also reported, valued between $5 million and $25 million, along with a smaller dollar-denominated wallet.

Based on the reported valuation ranges, the combined disclosed value of Trump’s Bitcoin and Ethereum holdings alone exceeds $100 million. The disclosure also sheds light on Trump’s cryptocurrency-related earnings during the reporting period. World Liberty Financial (WLFI) reportedly generated over $500 million from the sale of governance tokens and other crypto products. CIC Digital LLC, meanwhile, earned more than $635 million from sales of Trump-branded meme coins launched shortly before his inauguration.

Cumulatively, Trump’s disclosed crypto earnings surpassed $1 billion during his first year back in office.

The disclosure has prompted significant scrutiny. In response, White House spokesperson Anna Kelly stated that neither Trump nor his family has engaged in, nor will they engage in, conflicts of interest. She added, “All actions by President Trump and his administration are taken in the best interest of the American people – and any so-called ‘reporters’ pushing otherwise are recycling the same, tired, false narrative that Democrats and the legacy media have been pushing for a decade.”