Trump’s Crypto Empire: Over $620 Million Earned, Reports Say

Source Bitcoinist

Something unexpected has crept into the Trump family balance sheet lately. According to Bloomberg, US President Donald Trump’s crypto ventures have added more than $620 million to his fortune in just a few months.

Those digital holdings now make up roughly 9% of his estimated $6 billion net worth as of June. Back in 2021, real estate still accounted for 86% of his wealth—today it’s closer to half.

World Liberty Financial Token Bonanza

Based on reports, the biggest chunk—around $390 million—comes from token sales by World Liberty Financial, the family‑backed firm. They’ve raised $550 million to date through a native token and a stablecoin called USD1.

Trump and his sons picked up much of that in early rounds. The family still holds over 22 billion governance tokens valued at over $2 billion, though most won’t unlock for years. And Trump’s own stake slipped from 60% to 40% in a recent shuffle.

Meme Coin Rollercoaster

The President’s personal memecoin, TRUMP, once boasted a $150 million valuation after a “Presidential Dinner” for its top 220 holders. Now it trades at about $8.89, down more than 46% from its peak.

That swing underscores just how wild hype‑driven tokens can be. Some early investors made quick gains. Others are nursing losses.

Mining And Major Deals

The Trump family didn’t stop at tokens. Donald Jr. and Eric each own 20% of American Bitcoin, a Hut 8 subsidiary. In June, that outfit secured $220 million to buy mining gear and Bitcoin. It’s also set to go public via a merger with Gryphon Digital Mining.

Meanwhile, a $2 billion trade by Abu Dhabi’s MGX used WLFI’s token to invest in Binance. Estimates put the family’s cut at as much as $100 million from that deal alone.

Truth Social And Treasury Plans

Real estate and Truth Social still command big slices of Trump’s empire. At its high, Truth Social pushed his net worth past $4 billion. Even after a $401 million loss last year, his stake is worth nearly $2 billion.

Now Trump Media and Technology Group has approval from the US Securities and Exchange Commission for a $2.3 billion Bitcoin‑treasury registration. That covers 85 million shares, including 29  million tied to convertible notes.

On Gains & Ethics

On May 27, TMTG announced plans to raise $2.5 billion to buy Bitcoin, and its CEO called the crypto a core treasury asset. Then on June 16 they filed to launch a Truth Social Bitcoin and Ethereum ETF with a 75/25 split.

But critics say there’s a deeper issue at play. They question the ethics of a sitting US President profiting from volatile crypto markets while his administration oversees regulation.

For some, it’s uncomfortable to see public office and private gain entwined so closely. Concerns are growing that political influence could skew rules in favor of high‑profile insiders, blurring the line between leadership and personal profit.

Featured image from Damien/Adobe Stock; Carl Court/Pool/AFP via Getty Images, chart from TradingView

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Bitcoin Must Clear This Critical Cost Basis Level For Continued Upside, Analyst SaysIn a recent CryptoQuant Quicktake post, contributor Crazzyblockk highlighted key Bitcoin (BTC) cost basis zones that the leading cryptocurrency must clear – or avoid breaking below – to
Author  NewsBTC
4 Month 23 Day Wed
In a recent CryptoQuant Quicktake post, contributor Crazzyblockk highlighted key Bitcoin (BTC) cost basis zones that the leading cryptocurrency must clear – or avoid breaking below – to
placeholder
Ethereum Price Tests Resistance — Breakout Could Spark RallyEthereum price started a fresh increase above the $2,480 zone. ETH is now consolidating gains and might soon aim for a move above the $2,520 resistance. Ethereum started a fresh upward move above the
Author  NewsBTC
6 Month 30 Day Mon
Ethereum price started a fresh increase above the $2,480 zone. ETH is now consolidating gains and might soon aim for a move above the $2,520 resistance. Ethereum started a fresh upward move above the
placeholder
Ethereum Network Awakens—Massive On-Chain Moves Signal What’s ComingEthereum has stayed under the radar as Bitcoin grabs headlines. But new data shows long‑term holders have quietly built up a huge stash of ETH. This might set the stage for a big move when markets
Author  NewsBTC
7 Month 02 Day Wed
Ethereum has stayed under the radar as Bitcoin grabs headlines. But new data shows long‑term holders have quietly built up a huge stash of ETH. This might set the stage for a big move when markets
placeholder
US Dollar Index edges lower below 97.00 on downbeat US job data, Fed rate cut betsThe US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, remains on the defensive near 96.70 during the early Asian session on Thursday.
Author  FXStreet
Yesterday 02: 29
The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, remains on the defensive near 96.70 during the early Asian session on Thursday.
placeholder
Analyst Says Cycle Is Not Finished Amid 2 Years Of Bitcoin Sideways MovementBitcoin (BTC) is now 195 days into its latest sideways movement, which is part of a broader two-year stretch marked by sluggish price action and short-lived rallies. According to a crypto analyst,
Author  NewsBTC
Yesterday 02: 30
Bitcoin (BTC) is now 195 days into its latest sideways movement, which is part of a broader two-year stretch marked by sluggish price action and short-lived rallies. According to a crypto analyst,
goTop
quote