Trump Enters Bitcoin Arena with $870 Million Stake via Media Firm

Former US President Donald Trump has reportedly amassed a significant stake in bitcoin, valued at approximately $870 million, positioning him as one of the largest bitcoin investors worldwide. This information, disclosed by Forbes, highlights an intriguing aspect of Trump’s financial portfolio, as bitcoin does not appear in his official financial disclosures or on the Trump Organization’s website.

According to Forbes, Trump’s bitcoin holdings are indirect, primarily through his investment in Trump Media and Technology Group (TMTG), the parent company of the social media platform Truth Social. Although TMTG has generated less than $4 million in annual revenue, the company shifted its focus to cryptocurrency earlier this year. In May, it raised $2.3 billion through debt and stock sales, subsequently acquiring $2 billion worth of bitcoin.

Trump’s Evolving Crypto Strategy

The recent restructuring of TMTG diluted Trump’s ownership from 52% to 41%, yet it still translates to a substantial personal exposure to bitcoin valued at an estimated $870 million. This positions Trump among a select group of billionaires with significant bitcoin holdings, surpassed only by notable figures such as the Winklevoss twins, who hold over $8 billion, and Michael Saylor, with approximately $5 billion through his company.

Interestingly, during his first presidential term, Trump largely distanced himself from the cryptocurrency market. However, following his exit from the White House, he began to explore opportunities within the sector. His initial foray was through the sale of NFT trading cards, which generated several million dollars. This was followed by the establishment of World Liberty Financial, a venture that initially faced challenges until the prospect of a second presidential campaign in 2024 revitalized interest and support.

Market Dynamics and Future Prospects

As Trump campaigned for reelection, the cryptocurrency market responded positively, with bitcoin prices increasing by 60% between Election Day and May 2025. Consequently, TMTG began stockpiling bitcoin, raising substantial funds through $1 billion in convertible bonds and $1.4 billion in stock. This financial maneuvering has left Trump with a personal debt exposure of $400 million, eclipsing any existing real estate mortgages.

Despite this robust financial positioning, TMTG’s market capitalization is currently $1.2 billion lower than its valuation prior to its bitcoin investments. The market now values the original media business at just 60% of its May 2025 valuation without considering bitcoin. The outlook for TMTG remains uncertain, yet potentially favorable. Should bitcoin prices continue to rise, particularly under a second Trump presidency, the value of TMTG shares could significantly increase, potentially adding hundreds of millions—or even billions—to Trump’s net worth.

In this evolving financial landscape, Trump’s strategic pivot towards cryptocurrency marks a significant shift, reflecting his adaptability in a rapidly changing market. As the intersection of politics and cryptocurrency continues to unfold, Trump’s journey within this arena will be watched closely by both investors and analysts alike.