“Trump becomes one of the largest private Bitcoin holders in the US – ForbesDonald Trump has become one of the largest private Bitcoin holders in the US, with his crypto assets estimated at $870 million.
This happened due to his involvement in Trump Media and Technology Group, which acquired $2 billion worth of Bitcoin.
”, — write: unn.ua
DetailsIt is noted that Trump owns cryptocurrency indirectly through his participation in Trump Media and Technology Group, which operates the Truth Social platform. In July, the company acquired $2 billion worth of Bitcoin, after which Trump’s stake in the company decreased from 52% to 41%. Currently, his personal stake is estimated at approximately $870 million.
There are only a few other billionaires who appear to own more Bitcoin. The Winklevoss twins may have over $8 billion if they haven’t sold anything in recent years. Michael Saylor, who pioneered the Bitcoin treasury strategy now being copied by Trump Media, has about $5 billion. … Tim Draper won an auction in 2014 for coins that the US government confiscated during the liquidation of Silk Road, an illegal marketplace, and which are now worth $3.6 billion. Investor Matthew Roszak may own over $1 billion
The publication indicates that Trump was previously skeptical of cryptocurrencies, but after returning to the presidential campaign, he began to actively invest: he sold NFT cards, launched the World Liberty Financial project, and a memecoin, which added more than $1 billion to his capital.
RecallThe price of Bitcoin fell to $110,623 on Friday after Trump’s statements about China and a pause in institutional inflows.
Ukrainians spent almost a billion dollars on bitcoins in a year – EBRD25.09.25, 12:47 • 2769 views