- Latest fiscal report shows that Trumps Crypto Portfolio, this is while he has been ranting against them in his 2024 campaign.
- His running mate, JD Vance, reported that he had between $100 thousand and $250,000 in investment in Bitcoin in 2022.
- Although Trump has the political backing, his Crypto investments are negligible with some Ethereum, and minor meme coins, but no Bitcoin.
Trump’s Crypto Holdings Revealed
A leaked fiscal report reveals that the former President of the United States of America, has millions of dollars staked in cryptos, which he has been keen on lambasting in his political race for 2024. The filing shows that Trump has between 1 and 5 million US dollars invested in cryptocurrencies.
ETH, memecoins, but not BTC
Another analysis conducted on-chain by Arkham Intelligence shows that Trump’s wallet has $3,5 million. This consists of 492 ether worth $1.28m and 377 wrapped ether worth $977k. He also has hundred thousands of low profile memecoins are TROG $372,000 and GUA $345,000. Other holdings include $136,000 in a stablcoin – USDC, and $135,000 of MAGAA which is a memecoin tied to Trump.
Lesser part of the overall fortune
When it comes to Donald Trump’s financial portfolio, one thing is clear: He’s a billionaire with a range of businesses. For one, Forbes estimated his total net worth at $7.5 billion. Of that, his cryptocurrency investments, latest filings indicate, constitute only 0. 67 percent of his total property. But what is in his crypto wallet, and more important or rather interesting, where is the Bitcoin?
Alas, none of them could point out that they owned or had invested in Bitcoins in some manner.
Earlier in August 2023, people got to know that the former President of the United States Donald Trump invested in Ethereum coins. Since then, his assets have increased, but there is no sign of BTC or WBTC in his wallet. This has elicited a few raised eyebrows, particularly knowing that Trump has at the recent past made positive pronouncements on Bitcoin.
In July 2024, Trump attended the Bitcoin Conference, where he made headlines by echoing a popular Bitcoin investor’s mantra: There is no perceived value of Bitcoin that he thinks qualifies one to sell it, and in fact, he went as far as vowing to retain BTCs belonging to the U. S. government in case he gets re-elected. Still, there are some quite harsh phrases though the organism lacks an absolutely crucial component for it to be associated with Trump – Bitcoin. I can only wonder whether this is the strategy or something else?
Trump has also taken a stand for Bitcoin mining in America to increase. He’s called for the remaining BTCs to be mined locally and wants the U. S. to be on the forefront in the cryptocurrency industry. Trump said this may eventually have an economic upside and even cement more the place of Bitcoin in finance.
The world of cryptos is not just Trump; they also have connections with figures such that one cannot easily comprehend. Stmts made in 2022 showed his vice-presidential candidate, JD Vance, has investment of between $100,000 and $250,000 in Bitcoin. This supports the overall trend in Trump’s circles that is positive on Bitcoin.
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