Donald Trump holds $1 Million in crypto and has even earned millions from trading NFTs as revealed in a personal financial disclosure form released on Thursday.
The personal disclosure included details about a cryptocurrency wallet and “virtual ethereum key” holdings that Trump had valued at $1 million to $5 million. The cryptocurrency intelligence platform, Arkham, shows Trump’s crypto holdings as $1.29M in $ETH, $900K+ in $WETH and $400K+ in $GUA in the crypto wallet.
The personal disclosure also revealed that Trump has earned nearly $7.15 million from his NFT collections, via a licensing agreement with a firm called NFT INT. It was in 2022 that Trump jumped into the NFT market for the first time, launching a collection featuring images of him depicted as a superhero, astronaut, and cowboy.
Trump’s stance on crypto has seen a lot of changes since he last took office. Recently, Trump attended the Bitcoin conference in Nashville, and promised to fire Securities and Exchange Commission Chairman Gary Gensler on his first day in office because of his opposition to cryptocurrency.
Trump also hinted at establishing a strategic national Bitcoin reserve. As a part of his presidential campaign, Trump suggested that Bitcoin mined in the USA must be stamped as ‘Made in USA’, to which Marathon Digital Holdings conceded.
The US Presidential race has seen a lot of crypto appeasement stunts already. Both Trump and Kamala Harris are vying for the crypto community’s attention, with Mark Cuban, the billionaire entrepreneur already backing her campaign. Anthony Scaramucci, founder of SkyBridge Capital and a former Trump Administration official, has also switched sides, thanks to Kamala Harris’s crypto stance.
Also Read: Donald Trump Jr. Debuts Telegram for Upcoming Crypto Venture