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.

Trump’s BTC Stash

The filing shows that the Bitcoin is held in the Donald J. Trump Revocable Trust, with Trump listed as the sole beneficiary. The trust also controls his stake in Trump Media & Technology Group, the parent company of Truth Social.

Interestingly, the BTC is stored in cold storage, meaning the private keys are kept offline rather than on internet-connected systems or with a third-party exchange, a setup widely used to reduce online security risks.

The filing shows that Bitcoin is only one part of the digital assets held by CIC Digital LLC.

It also lists an Ethereum wallet, which is worth between $5 million and $25 million, a staked Ethereum position through a Coinbase staking agreement that generated $510,808 in validator rewards, a USDC stablecoin holding worth between $5 million and $25 million, and a smaller dollar-denominated wallet.

Based on the reported valuation ranges, the combined disclosed value of the Bitcoin and Ethereum holdings alone stands above $100 million. The same disclosure also reveals the scale of Trump’s crypto-related earnings during the reporting period. It states that World Liberty Financial (WLFI) generated more than $500 million from the sale of governance tokens and other crypto products, while CIC Digital LLC generated more than $635 million from sales of Trump-branded meme coins launched shortly before his inauguration.

Overall, Trump’s crypto earnings exceeded $1 billion during his first year back in office.

White House Rejects Conflict Claims

The disclosure has drawn significant scrutiny, to which White House spokesperson Anna Kelly responded that neither Trump nor his family has engaged in, nor will they engage in, conflicts of interest. She added,

“All actions by President Trump and his administration are taken in the best interest of the American people – and any so-called ‘reporters’ pushing otherwise are recycling the same, tired, false narrative that Democrats and the legacy media have been pushing for a decade”

Source: CryptoPotato