Trump's Ministers Bet Big on Bitcoin – Holding Millions in Crypto
At least six members of President Donald Trump’s cabinet own Bitcoin or have invested in it through various financial instruments. This information comes from their financial disclosures released in December 2024 and January 2025.
According to public filings, the total value of their Bitcoin holdings reaches millions of dollars, confirming the increasing influence of cryptocurrencies among top political figures.
Which Cabinet Members Hold the Most Bitcoin?
💎 Robert F. Kennedy Jr., Secretary of Health and Human Services, holds a Bitcoin Fidelity account valued between $1 million and $5 million.
💎 Russell Vought, Director of the Office of Management and Budget, has a personal Coinbase wallet containing BTC worth between $1,001 and $15,000 and has pledged to divest his holdings.
💎 Scott Bessent, Secretary of Treasury, owns shares in iShares Bitcoin Trust ETF valued between $250,001 and $500,000 and has promised to sell them within 90 days of his confirmation.
🚀 Trump previously claimed that federal government officials were among the largest Bitcoin holders and vowed to make the U.S. the "Bitcoin superpower of the world".
Bitcoin Investors in Trump’s Cabinet
📈 Tulsi Gabbard, Director of National Intelligence, holds Bitwise Bitcoin ETF Trust worth between $15,001 and $50,000, along with direct Bitcoin holdings in the same range. She has committed to selling her Bitcoin assets.
📈 Sean Duffy, Secretary of Transportation, owns $250,001 to $500,000 in Bitcoin and has a Gemini wallet with BTC worth up to $500,000. He also holds investments in the Fidelity Wise Origin Bitcoin Fund valued between $50,001 and $100,000.
📈 Pete Hegseth, Secretary of Defense, disclosed in December that his Bitcoin investments range between $15,001 and $50,000.
Crypto and Political Elites: Why Are Trump’s Ministers Betting on Bitcoin?
The Trump administration has consistently expressed a pro-Bitcoin stance. President Donald Trump and his closest advisors advocate for crypto-friendly regulations, aiming to strengthen the U.S. position in the digital asset space.
Meanwhile, David Sacks, Trump’s AI and crypto advisor, recently announced that he sold all his crypto holdings before assuming his role. His portfolio reportedly included Bitcoin, Ethereum, and Solana, and he is currently undergoing a government ethics review.
💡 What Does This Mean for Bitcoin?
While the crypto market experiences phases of growth and correction, top U.S. officials continue accumulating digital assets.
📊 Bitcoin is currently trading at $83,332 despite a 9% weekly decline, maintaining strong support levels.
🔥 Is this a signal that the U.S. is moving toward broader Bitcoin adoption at the governmental level? The world watches closely for the next steps from Trump’s administration!
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