#TrumpBitcoinEmpire Donald Trump's Bitcoin empire has grown significantly, with his crypto ventures adding over $620 million to his fortune in just a few months. His net worth now stands at approximately $2.6 billion, with around 8% of it held in Bitcoin and other cryptocurrencies.
*Key Components of Trump's Crypto Empire:*
- *World Liberty Financial*: A decentralized finance entity that has generated around $390 million from token sales. Trump and his family own 40% of the company, which is valued at around $560 million.
- *Trump Memecoin*: A meme coin project that has brought in $150 million in sales. However, its value has dropped by over 46% from its peak.
- *American Bitcoin Corp*: A bitcoin mining company supported by Trump and his sons, which has raised $220 million to buy BTC and crypto mining equipment.
- *Trump Media and Technology Group*: A company that has accumulated $2 billion in Bitcoin and related assets, accounting for about two-thirds of its total liquid assets.
*Recent Developments:*
- Trump Media's stock spiked 5% after announcing its $2 billion Bitcoin purchase, reflecting market optimism.
- The company plans to launch a Bitcoin and Ethereum ETF with a 75/25 asset ratio.
- Trump's endorsement of Bitcoin learning is complemented by his personal cryptocurrency ownership, showcasing his growing commitment to digital assets ¹ ² ³.