crypto for all
Join
A
A

Six Trump Cabinet Members Secretly Hold Millions in Bitcoin

12h05 ▪ 4 min read ▪ by Fenelon L.
Getting informed Bitcoin (BTC)

According to the latest financial disclosures made public, at least six members of Donald Trump’s presidential cabinet hold investments in bitcoins, with a combined total value reaching several million dollars. This revelation perfectly aligns with the president’s promise to make the United States the ” World Capital of Bitcoin “.

A secret meeting with six shadowy figures around a table, illuminated by a glowing Bitcoin

Bitcoin Holders Within the Presidential Cabinet

Six of the 22 members of the Trump cabinet have officially declared holding bitcoins, either directly in personal wallets or indirectly through exchange-traded funds (ETFs). This information comes from the mandatory financial disclosures submitted in December 2024 and January 2025, which were recently made public by the U.S. administration.

Robert F. Kennedy Jr., Secretary of Health and Human Services, stands out as the largest investor with a Fidelity Bitcoin account valued between 1 and 5 million dollars. This significant position makes him one of the cabinet members most exposed to the crypto market.

The Secretary of the Treasury, Scott Bessent, has declared holding shares in the iShares Bitcoin Trust ETF with a value between 250,001 and 500,000 dollars. In his ethical commitment, Bessent specified that he would divest these assets within 90 days following his confirmation, in accordance with government ethics rules.

Sean Duffy, Secretary of Transportation, holds the most diversified crypto wallet in the cabinet. He possesses Bitcoin funds valued at 250,001 to 500,000 dollars, a Gemini wallet also containing BTC for a similar amount, as well as a Fidelity Bitcoin Wise Origin fund estimated between 50,001 and 100,000 dollars, bringing his total bitcoin investments to over 550,000 dollars.

The Trump Administration and Its Crypto Strategy

The marked presence of Bitcoin investors within the cabinet concretely illustrates the favorable orientation of the Trump administration towards cryptos. This situation echoes statements made by the president who claimed during his campaign that ” federal government officials were among the most important holders of bitcoins.”

Tulsi Gabbard, Director of National Intelligence, confirms this trend with her investments: a Bitwise Bitcoin ETF valued between 15,001 and 50,000 dollars, complemented by a direct holding of bitcoins of an equivalent amount. Like several of her colleagues, she has committed to divesting these assets to avoid any conflict of interest during her term.

This concentration of crypto investors in the presidential entourage could accelerate the development of a favorable regulatory framework for the sector. Other figures in the administration, like David Sacks, an expert in artificial intelligence and cryptos, preferred to sell their digital assets (Bitcoin, Ethereum, and Solana) before taking their positions, highlighting the ethical sensitivity of these investments.

In summary, these revelations go beyond the personal financial framework of the Trump cabinet. They demonstrate an expertise and strategic interest in bitcoin at the top of U.S. institutions. The presidential decree of March 7 establishing a strategic reserve of bitcoins now confirms this commitment. Trump’s promise to make the United States the ” world capital of bitcoin ” is thus taking shape.

Maximize your Cointribune experience with our "Read to Earn" program! For every article you read, earn points and access exclusive rewards. Sign up now and start earning benefits.



Join the program
A
A
Fenelon L. avatar
Fenelon L.

Passionné par le Bitcoin, j'aime explorer les méandres de la blockchain et des cryptos et je partage mes découvertes avec la communauté. Mon rêve est de vivre dans un monde où la vie privée et la liberté financière sont garanties pour tous, et je crois fermement que Bitcoin est l'outil qui peut rendre cela possible.

DISCLAIMER

The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.