Trump’s Crypto Empire: Over $620 Million Earned, Reports Say

Key Points

1. Trump's crypto holdings, including token sales by World Liberty Financial and his personal memecoin TRUMP, have contributed $620 million to his net worth.

2. World Liberty Financial raised $550 million through a native token and a stablecoin called USD1, with Trump's stake reducing from 60% to 40%.

3. Trump's memecoin TRUMP peaked at a $150 million valuation but now trades at $8.89, down 46% from its peak.

4. Trump's sons own 20% of American Bitcoin, a Hut 8 subsidiary, which secured $220 million for mining gear and Bitcoin and plans to go public via a merger.

5. Trump Media and Technology Group has SEC approval for a $2.3 billion Bitcoin-treasury registration and plans to raise $2.5 billion to buy Bitcoin, alongside launching a Truth Social Bitcoin and Ethereum ETF.