Donald Trump’s $3.6 Million Crypto Secret and $7.2 Million NFT Jackpot Discovered
As the 2024 election heats up, former President Donald Trump is making headlines after investing $3.6 million in cryptocurrencies and reaping a surprising windfall from NFTs. Recent financial disclosures have shed light on Trump’s growing crypto portfolio and impressive income from digital assets.
Such a significant holding shows his positive stance on cryptocurrencies and contributes to the optimism about the crypto market.
Trump owns $3.6 million in cryptocurrency
According to a recent report by Arkham Intelligence, Donald Trump’s cryptocurrency holdings are valued at around $3.6 million. This includes $1.29 million in Ether and $989,000 in wrapped Ether. According to Trump’s 2024 campaign finance disclosures, his total cryptocurrency investments could be as high as $5 million.
It is unclear whether this increase in value is due to his additional investment or the recent rise in the price of Ethereum.
Trump’s involvement in the crypto world is consistent with his campaign promises, including his pledge to support the development of cryptocurrencies. His recent appearance at the Bitcoin 2024 conference, where he encouraged voters to hold onto Bitcoin, underscores his commitment to the crypto community.
Separately, his family, particularly his son Donald Trump Jr., is also gearing up to enter the crypto space with the launch of a new Telegram channel called “The Defiant Ones.”
NFT Revenue Surges
In addition to his cryptocurrency holdings, Trump has also made about $7.2 million from his NFT business, which comes from a licensing deal with NFT INT, LLC, which sells digital trading cards featuring the former president.
The amount Trump earned from these transactions is a significant increase from around $300,000 a year ago, showing how successful his NFT initiative has been.
Additional Revenue Streams
In addition to his investments, the former president has made more than $300,000 from the sale of branded Bibles, according to recent disclosures. He also made a significant $216 million from his Mar-a-Lago resort and golf course in Doral, Florida.
At the Bitcoin 2024 conference in Nashville, President Trump pledged that if re-elected, he would make the United States the “cryptocurrency capital of the world” by building a national bitcoin reserve and introducing crypto-friendly policies.