As global markets reel from one of the harshest crypto crashes in recent years, U.S. President Donald Trump has emerged as a surprising heavyweight in the Bitcoin world.
A new investigation reveals that Trump now indirectly controls nearly $870 million worth of Bitcoin, placing him among the largest individual holders of the digital asset – despite having once dismissed cryptocurrencies as “thin air.”
From Truth Social to Bitcoin Fortune
The revelation stems from Trump’s 41% stake in Trump Media & Technology Group (TMTG), the parent company of Truth Social. Earlier this year, TMTG raised over $2.3 billion through debt and equity sales, allocating roughly $2 billion of that total to purchase Bitcoin – effectively transforming the media firm into a crypto-heavy corporate treasury.
This aggressive strategy mirrors the playbook used by Michael Saylor’s MicroStrategy, which has made Bitcoin accumulation its defining business model. In fact, Trump Media’s balance sheet now holds more Bitcoin than several listed firms combined, underscoring the growing acceptance of BTC as a long-term reserve asset among U.S. corporations.
Despite the broader market downturn, Bitcoin holdings remain the most valuable asset in Trump Media’s portfolio, even as the company’s market valuation has declined since the acquisition.
From Skeptic to Strategist
Trump’s evolution from crypto critic to major Bitcoin backer has been striking. Back in 2019, he dismissed digital assets as “volatile and baseless.” Now, under his administration, Washington has moved toward clearer blockchain regulation and introduced the GENIUS Act, aimed at strengthening the U.S. position in digital innovation.
Meanwhile, Trump Media’s Bitcoin move has coincided with a broader wave of institutional acceptance. Morgan Stanley, for instance, recently expanded crypto investment access to all its wealth clients, signaling a new level of legitimacy for Bitcoin in traditional finance.
Politics Meets the Blockchain Economy
Trump’s indirect stake not only boosts his financial portfolio but also amplifies his influence over an industry often at odds with government regulation. According to Forbes, his Bitcoin fortune now rivals those of crypto magnates such as Michael Saylor, the Winklevoss twins, and Tim Draper.
Even after the recent $20 billion liquidation wave that rattled the market, Bitcoin prices have rebounded about 6% since Trump Media’s initial purchase – keeping the president’s crypto bet firmly in the green.
If Bitcoin’s next bull run materializes, Trump’s digital holdings could soar in value, positioning him not just as the leader of the free world, but also as one of the most powerful figures in global crypto finance.
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