Six of Trump Cabinet Members Own Bitcoin Assets Worth Millions

5 months ago 16

At slightest six members of Donald Trump’s furniture person said they ain Bitcoin, and together, their holdings are worthy millions. Some of them ain Bitcoin straight successful their crypto wallets, portion others person invested successful funds that way Bitcoin’s value.

The biggest Bitcoin holder among them is Robert F. Kennedy Jr., who is the Health and Human Services Secretary. According to his nationalist fiscal disclosure report, helium has betwixt $1 cardinal and $5 cardinal successful a Fidelity Bitcoin account.

Another official, Russell Vought, who works arsenic the Office of Management and Budget Director, owns Bitcoin successful his Coinbase wallet. His holdings are smaller, betwixt $1,001 and $15,000, and helium said helium plans to merchantability them.

Treasury Secretary Scott Bessent has enactment wealth into the iShares Bitcoin Trust ETF, with his involvement valued betwixt $250,001 and $500,000. Following his morals agreement, helium has committed to selling his holdings wrong 90 days of taking office.

Another furniture member, Tulsi Gabbard, who is the Director of National Intelligence, reported that she invested successful Bitwise Bitcoin ETF Trust. She besides owns Bitcoin directly. Both investments are worthy betwixt $15,001 and $50,000, but besides plans to merchantability her Bitcoin 

Transportation Secretary Sean Duffy reported Bitcoin assets betwixt $250,001 and $500,000. He besides has a Gemini wallet with Bitcoin successful the aforesaid range, on with different concern successful the Fidelity Wise Origin Bitcoin Fund worthy betwixt $50,001 and $100,000. 

Defense Secretary Pete Hegseth disclosed successful December 2024 that helium holds Bitcoin valued betwixt $15,001 and $50,000.

Trump has antecedently claimed that authorities officials were immoderate of the biggest Bitcoin holders. He has besides spoken astir his plans to marque the U.S. the starring state for Bitcoin.

Meanwhile, David Sacks, the government’s AI and crypto czar, precocious said helium sold each of his cryptocurrency earlier taking office. His holdings included Bitcoin, Ethereum, and Solana, but helium did not accidental however overmuch they were worth. “I sold everything earlier starting this job,” Sacks reportedly said during a authorities morals review.

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