Trump Increased His Wealth with Cryptocurrencies: Earned $620 Million in Just a Few Months!

According to data shared by Bloomberg, U.S. President Donald Trump's family has generated approximately $620 million in revenue from crypto projects such as the TRUMP memecoin and World Liberty Financial in the last few months.

Recent official calculations, shared with the public for the first time, reveal that crypto projects have significantly contributed to the Trump family's net worth in recent months. According to updated figures from the Bloomberg Billionaires Index, $620 million of the Trump family's total wealth of $6.4 billion consists of crypto assets. This figure was obtained mainly from the revenues generated by the World Liberty Financial and TRUMP memecoin projects.

The Trump family earned $390 million from the sale of the World Liberty token and $150 million from the sale of the TRUMP memecoin. Launched in January, the TRUMP memecoin reached a market value of $9 billion within the first three hours of its launch, but this value has now decreased to $1.7 billion. The token is currently trading at a price of $8.72.

New Move with American Bitcoin

The Trump family's crypto ventures are not limited to token projects. The family is also actively involved in Bitcoin mining and holds a 20% stake in a mining company called American Bitcoin. This company aims to go public by merging with Gryphon Digital Mining. American Bitcoin's goal is to create a large reserve with the Bitcoin it produces.

Another project of Trump's, World Liberty Financial, launched a stablecoin named USD1 in March and is expected to generate around $100 million in revenue. It is also noted that the USD1 stablecoin played a role in Binance's historic $2 billion investment from MGX. According to CoinMarketCap data, the market value of the USD1 stablecoin is at $2.2 billion.