Former US President Donald Trump holds cryptocurrencies valued up to $5 million and has earned over $7 million from investments in NFTs, according to his financial disclosure.
The document, published by the non-profit organization Citizens for Responsibility and Ethics in Washington (CREW), reveals that the politician holds Ethereum-based crypto assets worth between $1-3 million.
The Republican presidential candidate also reported receiving royalties amounting to approximately $7.16 million from three of his own non-fungible token collections.
This includes the MugShot series featuring his prison photo and two editions of Trump Digital Trading Cards. The first was released in December 2022, followed by the second four months later.
In June 2024, Trump hinted at the release of a fourth collection, citing “community desire.” On August 1, the politician unveiled a limited series of NFT sneakers featuring the Bitcoin logo.
According to the analytical service Arkham Intelligence, the politician’s cryptocurrency assets are valued at $3.62 million at the time of writing.
In May, the total value of coins in Trump’s wallet exceeded $10 million amid a sharp price surge of the meme coin MAGA (TRUMP), which accounted for approximately $7.12 million of the total. The token, dedicated to the former president, is not affiliated with him and was acquired for “wrapped” ETH on the Uniswap exchange.
After reaching a peak of $17.51 on June 1, the asset’s price plummeted to around $2.9 at the time of writing.
Back in 2021, Trump stated that Bitcoin “looks like a scam,” and described investments in digital assets as a “potential disaster waiting to happen.”
However, in the current electoral cycle, the politician’s rhetoric has shifted. He has repeatedly promised support for the industry and protection for the mining sector, and has opened up to cryptocurrency donations for his election campaign.
In July, Trump spoke at the annual Bitcoin 2024 conference in Nashville, where he raised over $20 million in donations.