finance
Trump Ethics Filing Lists Two Bitcoin Wallets Each Above $50 Million, While Price Fell 53% After Earlier Gains
President Trump released an ethics filing on July 1, 2026, listing two cryptocurrency wallets valued above $50 million each. Forbes estimates his total bitcoin exposure exceeds $500 million when including indirect holdings through Trump Media.
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President Trump released an ethics filing on July 1, 2026, that listed two assets each valued above $50 million and described as cryptocurrency wallet virtual bitcoin keys held in cold wallets. Forbes reported that the filing marks the first public disclosure of the president's direct bitcoin holdings.
Forbes estimates President Trump's total bitcoin exposure, including his indirect share of Trump Media's investments, exceeds $500 million.
Trump Media announced plans to invest in bitcoin in summer 2025. One of the wallets is held by the same entity through which President Trump maintains his stake in World Liberty Financial, which generated nearly $800 million in proceeds. The second wallet is held by CIC Digital LLC, the company that launched Trump's memecoin and collected more than $635 million in royalties.
Bitcoin's price rose 82 percent from Election Day to October 2025 before falling 53 percent. The Trump Organization began adding bitcoin to its balance sheet after Eric Trump stated in September 2025 that every serious company has started or is starting to hold the cryptocurrency. President Trump spoke at a bitcoin conference in Nashville in 2024.
