Six of Trump Cabinet Members Own Bitcoin Assets Worth Millions

At least six members of Donald Trump’s cabinet have said they own Bitcoin, and together, their holdings are worth millions. Some of them own Bitcoin directly in their crypto wallets, while others have invested in funds that track Bitcoin’s value.

The biggest Bitcoin holder among them is Robert F. Kennedy Jr., who is the Health and Human Services Secretary. According to his public financial disclosure report , he has between $1 million and $5 million in a Fidelity Bitcoin account.

Another official, Russell Vought, who works as the Office of Management and Budget Director, owns Bitcoin in his Coinbase wallet . His holdings are smaller, between $1,001 and $15,000, and he said he plans to sell them.

Treasury Secretary Scott Bessent has put money into the iShares Bitcoin Trust ETF, with his stake valued between $250,001 and $500,000. Following his ethics agreement, he has committed to selling his holdings within 90 days of taking office.

Another cabinet member, Tulsi Gabbard, who is the Director of National Intelligence, reported that she invested in Bitwise Bitcoin ETF Trust. She also owns Bitcoin directly. Both investments are worth between $15,001 and $50,000, but also plans to sell her Bitcoin 

Transportation Secretary Sean Duffy reported Bitcoin assets between $250,001 and $500,000. He also has a Gemini wallet with Bitcoin in the same range, along with another investment in the Fidelity Wise Origin Bitcoin Fund worth between $50,001 and $100,000. 

Defense Secretary Pete Hegseth disclosed in December 2024 that he holds Bitcoin valued between $15,001 and $50,000.

Trump has previously claimed that government officials were some of the biggest Bitcoin holders. He has also spoken about his plans to make the U.S. the leading country for Bitcoin.

Meanwhile, David Sacks, the government’s AI and crypto czar, recently said he sold all of his cryptocurrency before taking office. His holdings included Bitcoin, Ethereum, and Solana, but he did not say how much they were worth. “I sold everything before starting this job,” Sacks reportedly said during a government ethics review.