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Trump becomes a Bitcoin whale: holding $870 million in crypto amid a historic market crash
As the cryptocurrency market faces one of its biggest downturns in years, Donald Trump has quietly emerged as one of the largest Bitcoin (BTC) holders in the world. Recent reports reveal that his indirect Bitcoin wealth has reached $870 million, even as investors across the globe grapple with heavy losses.
Trump Media’s $2 billion bet on Bitcoin According to Forbes, Trump’s Bitcoin exposure comes from his 41% stake in Trump Media and Technology Group, the parent company of Truth Social.
Earlier this year, the company raised $2.3 billion through the sale of bonds and shares — and used the majority of those funds to purchase $2 billion worth of Bitcoin. This move marks the company’s biggest strategic shift since its launch as a social media platform, aligning Trump Media’s financial approach with that of MicroStrategy and its CEO Michael Saylor, known for integrating Bitcoin as a key corporate asset. Despite the market collapse, Trump Media’s Bitcoin reserves remain the strongest part of its balance sheet.
From critic to crypto supporter: Trump’s transformation Back in 2019, Trump called Bitcoin “based on nothing.” Today, he stands on the opposite side — actively promoting blockchain innovation and backing U.S. initiatives to strengthen the crypto sector. Among those efforts is the GENIUS Act, a bill designed to support blockchain-related innovation and expand the use of digital assets across the American economy. Trump’s evolution from crypto skeptic to digital asset advocate reflects a broader political and financial shift toward mainstream crypto acceptance.
Bitcoin as both a political and economic tool Trump’s growing involvement in cryptocurrencies has strengthened not only his image as a tech-forward leader but also his political influence in the digital era. While billions of dollars were wiped out during the recent market crash, Trump’s indirect Bitcoin holdings actually grew by around 6%, placing his net worth in the same league as other crypto billionaires such as Michael Saylor, the Winklevoss twins, and Tim Draper. This development signals the rise of a new era where political power and blockchain finance begin to intertwine.
The fusion of politics, capital, and digital faith Trump Media has evolved beyond a media venture into a symbolic bridge between politics and the cryptocurrency world.
Its bold Bitcoin investment — made at a time of market turmoil — stands as a statement of confidence in the future of decentralized finance. While others sell in fear, Trump has doubled down on digital gold — securing the status of a Bitcoin whale with a portfolio worth nearly $1 billion.
#bitcoin , #TRUMP , #whale , #CryptoNews , #CryptoMarket
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