Six of Trump Cabinet Members Own Bitcoin Assets Worth Millions

Six of Trump Cabinet Members Own Bitcoin Assets Worth Millions

No less than six members of Donald Trump’s cupboard have mentioned they personal Bitcoin, and collectively, their holdings are price hundreds of thousands. A few of them personal Bitcoin straight of their crypto wallets, whereas others have invested in funds that observe Bitcoin’s worth.

The most important Bitcoin holder amongst them is Robert F. Kennedy Jr., who’s the Well being and Human Companies Secretary. Based on his public monetary disclosure report, he has between $1 million and $5 million in a Constancy Bitcoin account.

One other official, Russell Vought, who works because the Workplace of Administration and Price range Director, owns Bitcoin in his Coinbase wallet. His holdings are smaller, between $1,001 and $15,000, and he mentioned he plans to promote them.

Treasury Secretary Scott Bessent has put cash into the iShares Bitcoin Belief ETF, along with his stake valued between $250,001 and $500,000. Following his ethics settlement, he has dedicated to promoting his holdings inside 90 days of taking workplace.

One other cupboard member, Tulsi Gabbard, who’s the Director of National Intelligence, reported that she invested in Bitwise Bitcoin ETF Belief. She additionally owns Bitcoin straight. Each investments are price between $15,001 and $50,000, but additionally plans to promote her Bitcoin 

Transportation Secretary Sean Duffy reported Bitcoin property between $250,001 and $500,000. He additionally has a Gemini pockets with Bitcoin in the identical vary, together with one other funding within the Constancy Sensible Origin Bitcoin Fund price between $50,001 and $100,000. 

Protection Secretary Pete Hegseth disclosed in December 2024 that he holds Bitcoin valued between $15,001 and $50,000.

Trump has beforehand claimed that authorities officers have been a number of the greatest Bitcoin holders. He has additionally spoken about his plans to make the U.S. the main nation for Bitcoin.

In the meantime, David Sacks, the federal government’s AI and crypto czar, just lately mentioned he offered all of his cryptocurrency earlier than taking workplace. His holdings included Bitcoin, Ethereum, and Solana, however he didn’t say how a lot they have been price. “I offered the whole lot earlier than beginning this job,” Sacks reportedly mentioned throughout a authorities ethics evaluate.

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