Trump invested crypto gains in stocks and bonds as retail buyers lost on his risky ventures, filings show
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- Trump's financial disclosures, filed with the U.S. Office of Government Ethics, show he received over $1.4 billion from family crypto ventures including World Liberty Financial and the Trump meme coin in 2025.
- Trump's stock and bond portfolio grew at least fourfold to between $703 million and $2.6 billion by end of 2025, up from $225 million to $608 million a year earlier, as crypto proceeds flowed in.
- Nine digital asset experts who reviewed the Reuters analysis said the filings suggest Trump "does not trust crypto as a primary store of his personal wealth," investing profits into traditional assets instead.
- Timothy Massad, former CFTC chair and now at Harvard's Kennedy School, said Trump appears to want to "make a quick buck from crypto" through his meme coin and World Liberty tokens, then invest profits in stocks and bonds.
- Trump did not report buying shares in two publicly listed crypto firms backed by his sons Eric Trump and Donald Trump Jr., despite publicly championing digital assets.
- Retail investors in the four main Trump-backed crypto projects lost $2.3 billion as of April, per a prior Reuters report.
- The Trump Organization held at least $160 million in bitcoin and ether and up to $6 million in other tokens at end of 2025, while the White House said the president's assets sit in "fully discretionary accounts managed by independent third-party financial institutions."
Why it matters: The self-styled "crypto president" is personally treating his own crypto windfall as a cash grab, not a conviction bet — converting $1.4 billion in token and project proceeds into the same Wall Street instruments retail Trump supporters were urged to abandon digital assets for. That $2.3 billion in losses for ordinary buyers of the four flagship Trump projects sharpens the credibility gap between his public cheerleading of digital assets and the conservative posture of his own balance sheet.
