Trump Family Rakes In $620M+ From Crypto: Meme coin Windfall, Token Sales, and a 20% Bitcoin Stake
2025-07-02 22:00:57
Main Idea
Donald Trump and his family have reportedly earned over $620 million from cryptocurrency ventures, including meme coins, token sales, and a stake in Bitcoin, marking a significant shift from their traditional real estate holdings.
Key Points
1. Trump’s crypto holdings now make up around 9% of his estimated $6 billion fortune as of June.
2. The family’s earnings include $550 million from World Liberty Financial token sales, with $390 million going to Trump and his sons.
3. Trump’s sons, Donald Jr. and Eric, own 20% of American Bitcoin, a subsidiary of Hut 8, a large crypto mining firm.
4. Trump’s memecoin, $TRUMP, initially valued at $150 million, has dropped over 46% due to volatility.
5. Trump Media and Technology Group (TMTG) has SEC approval for a $2.3 billion Bitcoin treasury initiative and plans to launch a Bitcoin and Ethereum ETF.
Description
U.S. President Donald Trump and his family have reportedly earned over $620 million from recent cryptocurrency ventures. A report published Wednesday by Bloomberg stated that Trump’s crypto holdings now make up around 9% of his estimated $6 billion fortune as of June. This marks the first time digital assets have accounted for a sizable portion of his wealth. Trump’s Crypto Empire Grows as Real Estate Shrinks to 50% of Net Worth The increase is largely tied to his family-backed firm, World Liber...
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