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Trump, the “Bitcoin President”: $870 Million Stake Makes Him One of the Largest BTC Holders Globally

Though once a vocal critic of cryptocurrencies, Donald Trump has quietly become one of the world’s largest holders of Bitcoin, with an estimated $870 million stake. His indirect exposure comes through Trump Media & Technology Group (TMTG), which recently acquired $2 billion worth of BTC. Forbes reveals how Trump’s media venture turned into a crypto power play, and what it means for investors, ethics, and the 2024 presidency.

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Source: 金色财经

  1. Bitcoin Hidden in Plain Sight:
    Trump's public financial disclosures make no mention of crypto assets. Yet, through his 41% ownership in TMTG — which recently purchased $2B in BTC — he indirectly owns ~$870M in Bitcoin.
  2. TMTG’s Pivot to Crypto:
    Despite making less than $4M in annual revenue, TMTG raised $2.3B this year through debt and equity, and allocated $2B to Bitcoin. The stock surge fueled hopes of another “Meme stock” rally.
  3. From Skeptic to Crypto Tycoon:
    Trump criticized BTC in 2019 as “based on nothing,” yet pivoted post-presidency. He launched NFTs, a meme token (TRUMP), and the “World Liberty Financial” initiative — collectively adding over $2B to his crypto net worth.
  4. Ranking Among Crypto Billionaires:
    He joins the likes of Winklevoss twins ($8B+), Michael Saylor ($5B), and Tim Draper ($3.6B). Trump’s $870M puts him near the top, despite only embracing crypto after 2020.
  5. Ethics Under Fire, Again:
    While the White House claims no conflict of interest, Trump’s growing influence in both crypto markets and federal policy is raising eyebrows.
  6. Investors Beware of Hype Cycles:
    TMTG’s value dropped by $1.2B since the Bitcoin pivot. While BTC gains stabilized the balance sheet, the core media business now appears overvalued.

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