Six of Trump Cabinet Members Own Bitcoin Assets Worth Millions
Trump Cabinet Members Hold Millions in Bitcoin
At least six members of Donald Trump’s cabinet have disclosed Bitcoin holdings worth millions of dollars. Some own Bitcoin directly in their crypto wallets, while others have invested in funds linked to Bitcoin’s value.
Who Holds the Most Bitcoin?
The largest Bitcoin holder among them is Robert F. Kennedy Jr., the Health and Human Services Secretary. His public financial disclosure reveals that he holds between $1 million and $5 million in a Fidelity Bitcoin account.
Other Key Bitcoin Holders in Trump’s Cabinet
✔ Russell Vought – The Office of Management and Budget Director owns Bitcoin in his Coinbase wallet, valued between $1,001 and $15,000. He has stated that he plans to sell his holdings.
✔ Scott Bessent – The Treasury Secretary has invested between $250,001 and $500,000 in the iShares Bitcoin Trust ETF. Per his ethics agreement, he has committed to selling his Bitcoin within 90 days of taking office.
✔ Tulsi Gabbard – The Director of National Intelligence has invested in the Bitwise Bitcoin ETF Trust and also owns Bitcoin directly. Both investments are valued between $15,001 and $50,000, and she intends to sell her holdings.
✔ Sean Duffy – The Transportation Secretary reported Bitcoin holdings between $250,001 and $500,000. He also has a Gemini wallet with Bitcoin in the same range and an additional $50,001 to $100,000 in the Fidelity Wise Origin Bitcoin Fund.
✔ Pete Hegseth – The Defense Secretary disclosed in December 2024 that he owns Bitcoin worth $15,001 to $50,000.
Government & Bitcoin
Trump has previously claimed that government officials are among the biggest Bitcoin holders. He has also shared his vision of making the U.S. a global leader in Bitcoin adoption.
Meanwhile, David Sacks, the government’s AI and crypto czar, revealed that he sold all his cryptocurrency before taking office. His holdings included Bitcoin, Ethereum, and Solana, but he did not disclose their total value. "I sold everything before starting this job," Sacks reportedly stated during a government ethics review.
