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New Federal Data Reveals Donald Trump Holds $50 Million in Bitcoin in Cold Wallet


New Federal Data Reveals Donald Trump Holds $50 Million in Bitcoin in Cold Wallet

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A newly released 927-page federal financial disclosure from the US Office of Government Ethics shows US President Donald Trump holds "Over $50,000,000" worth of Bitcoin in a cold wallet under CIC Digital LLC. The holding, reported only in the highest reporting bracket so actual BTC could be larger, signals high-profile crypto adoption and secure custody practices but is unlikely by itself to materially move markets.

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A newly released federal financial disclosure has revealed that US President Donald Trump holds more than $50 million worth of Bitcoin in a cold wallet.

According to a 927-page document released by the US Office of Government Ethics, the Bitcoin is held under CIC Digital LLC as a “Cryptocurrency Wallet Virtual Bitcoin Key (held in cold wallet)” and is worth “Over $50,000,000,” the highest reporting category available on the form. Because the disclosure does not require an exact figure above that threshold, the actual value of the BTC holdings could be higher.

Read the article at CryptoPotato

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$ 0.00186


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