Trump Cabinet Members Hold Bitcoin Investments

At least half a dozen Trump cabinet members hold Bitcoin investments with a combined total worth reaching millions, according to the latest financial disclosures.

At least six out of the 22 members of President Donald Trump’s cabinet hold Bitcoin (BTC) assets in crypto wallets or through investment vehicles like crypto-backed exchange-traded funds. This information comes from public financial disclosures dated December 2024 and January 2025.

Key Holders

• Robert F. Kennedy Jr. (Health and Human Services Secretary) owns a Bitcoin Fidelity crypto account valued between $1 million to $5 million.
• Russell Vought (Office of Management and Budget Director) holds BTC in his Coinbase wallet worth around $1,001 to $15,000 and plans to divest.
• Scott Bessent (Treasury Secretary) disclosed a stake in iShares Bitcoin Trust ETF valued at $250,001 to $500,000 and intends to divest within 90 days post-confirmation.

Trump previously asserted that federal government members are among the largest Bitcoin holders and aimed to establish the U.S. as the “Bitcoin superpower of the world.”

As of recent data, Bitcoin has risen by over 1% in the last 24 hours, currently trading at $83,332, despite a 9% drop in the past week.

Other Notable Investments

Additional cabinet members with Bitcoin investments include:
– Tulsi Gabbard (Director of National Intelligence) has a Bitwise Bitcoin ETF Trust between $15,001 to $50,000 and is also directly holding Bitcoin in a similar range, with plans to divest.
– Sean Duffy (Transportation Secretary) holds investments in Bitcoin worth $250,001 to $500,000, with a Gemini wallet and a Fidelity Wise Origin Bitcoin Fund valued between $50,001 to $100,000.
– Pete Hegseth (Defense Secretary) holds Bitcoin funds ranging from $15,001 to $50,000.

Earlier this month, David Sacks, the AI and crypto czar, revealed he sold all crypto holdings, which included Bitcoin, Ethereum (ETH), and Solana (SOL), prior to taking his government position.

Conclusion

These disclosures highlight the significant presence of Bitcoin investments among high-level government officials, emphasizing the growing intersection of politics and cryptocurrency.