Does Donald Trump really hold $870 million in Bitcoin?

Reports now suggest Donald Trump’s Bitcoin ( BTC ) exposure may be as high as $870 million, potentially making him one of the largest indirect holders of the ￰1￱ mind-boggling stake reportedly stems from his 41% ownership in Trump Media and Technology Group (NASDAQ: DJT ), or TMTG, the parent company of Truth Social, which raised $2.3 billion through a combination of debt and equity financing earlier this year, only to spend approximately $2 billion of it on “digital gold.” How much crypto does Trump have? Donald Trump’s on-chain cryptocurrency holdings , publicly tied to his name, really picked up the pace in the third quarter of 2025, when they rose 36.6% in value after a rough start to the ￰2￱ precisely, between July 1 and September 30, the value of Trump’s wallet went from $2.27 million to $3.10 million, a paper gain of roughly $823,000, according to Finbold’s Q3 2025 Cryptocurrency Market Report . !

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insertBefore(r,o)(document,"script","infogram-async","￰0￱ As of the time of writing, however, the President’s direct holdings have dropped significantly, currently sitting at around $1.35 million, of which 83% are in Ethereum ( ETH ), based on the data Finbold retrieved from ￰3￱ interestingly, the same data suggest Trump has no stake in BTC in this account. Nonetheless, beyond his personal wallet, the Trump family is involved with cryptocurrency through World Liberty Financial (WLFI), a decentralized finance platform promoted as a patriotic alternative to Wall Street, as well as the aforementioned Trump Media and Technology ￰4￱ other words, Trump’s full exposure to $870 million worth of Bitcoin is indirect, being linked primarily to TMTG’s treasury ￰5￱ is, he does not personally control the digital asset in a traditional wallet.

Nevertheless, the asset is still an important piece of his financial ￰6￱ as a strategic financial resource Despite recent volatility, TMTG’s Bitcoin positions have remained a stable part of its balance ￰7￱ focusing on the cryptocurrency, the firm has effectively shifted its identity from a social media company to a sizable corporate holder, following a model popularized by the likes of Strategy (NASDAQ: MSTR ). The decision reflects a wider shift among ￰8￱ treating BTC as a strategic financial resource. Indeed, Trump’s stance on digital currencies has undergone a remarkable transformation, as he was a known skeptic during his first term, when he dismissed them as highly volatile ￰9￱ his return to the office, Trump has emerged as a crypto advocate and, accordingly, a highly influential figure in the market, most notably with policy initiatives such as the GENIUS Act, which aims to position the ￰10￱ a leader in digital asset ￰11￱ image via Shutterstock