14-10-2025 – President Donald Trump holds over $870 million in bitcoin through his social media company, making him one of the largest individual BTC holders in the United States, according to an investigative report by Forbes published this week.
Trump’s exposure comes indirectly through his 41% ownership stake in Trump Media & Technology Group, which purchased $2 billion worth of bitcoin in July 2025 after raising $2.3 billion through bond and equity offerings. The indirect structure allowed Trump to avoid disclosure requirements that would apply to direct cryptocurrency holdings, keeping the position largely hidden from public view until now. The revelation marks a dramatic reversal for Trump, who called bitcoin a “scam” based on “thin air” in 2019 but shifted to embrace digital assets during his 2024 campaign.
The disclosure comes at a turbulent moment for crypto markets. Hours after the Forbes report surfaced, Trump announced 100% tariffs on Chinese imports, sending bitcoin tumbling more than 10% to $102,000—its lowest level since late June. The broader crypto market shed nearly $280 billion in value, with total market capitalization falling 11.8% to $3.64 trillion. Liquidations surged past $9.4 billion in 24 hours, with $7.15 billion in long positions forcibly closed.
Despite the volatility, some analysts view the decline as a temporary macro-driven correction. Bitwise strategist Juan Leon noted that bitcoin often presents buying opportunities when dragged down by broader market selloffs, while on-chain data shows most downside liquidity has been cleared.