Trump Owns Over $1 Million in Crypto, Makes $300K on Branded Bibles, Financial Disclosure Reveals

Former President Donald Trump’s recent financial disclosure reveals a significant investment in cryptocurrency and an unexpected windfall from selling branded Bibles.

The disclosure, released on Thursday, shows that Trump owns more than $1 million in cryptocurrency and made $300,000 from selling “The Greenwood Bible,” a branded Bible that features a handwritten chorus of “God Bless the U.S.A.” by Lee Greenwood.

Key Highlights:

  • Crypto Holdings: Trump’s financial disclosure reveals that he holds between $1 million and $5 million in cryptocurrency. This includes details about a cryptocurrency wallet and a “virtual Ethereum key.” This marks a notable shift in Trump’s stance on digital currency, as he previously referred to crypto as a scam during his time in office. However, Trump has since softened his approach, advocating for a hands-off government policy and even claiming to build a “crypto army” to support the industry.
  • Branded Bible Sales: The former president made $300,000 from selling “The Greenwood Bible,” which retails for $59.99. A limited edition version, said to bear Trump’s signature, is available for $1,000. The Bible’s success adds a surprising chapter to Trump’s diverse income sources.
  • Trump’s Changing View on Crypto: Trump’s evolving perspective on cryptocurrency aligns with lobbying efforts from the crypto industry and growing support from his base, particularly young men active online. During a recent livestream with popular streamer Adin Ross, Trump acknowledged the importance of crypto, suggesting that if the U.S. doesn’t embrace the digital currency, China will.
  • Truth Social Valuation: In addition to his cryptocurrency holdings, Trump’s financial disclosure reports a significant increase in the valuation of Truth Social, his social media platform. Last year, Trump estimated its value between $5 million and $25 million, but this year, he has valued it at more than $50 million, reflecting the platform’s growing influence.
  • Expanding Trademarks in China: Another notable detail from Trump’s disclosure is the dramatic increase in the number of trademarks he holds in China. While he reported just two trademarks in the previous year, that number has surged to more than 100 in 2024, according to NBC News.

This financial disclosure highlights Trump’s diverse and expanding portfolio, from cryptocurrency investments to branded Bible sales, as well as the growing valuation of his social media company, Truth Social.

It also underscores his shifting stance on cryptocurrency, which is increasingly becoming a central part of his post-presidential financial strategy.

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Arslan Butt
Index & Commodity Analyst
Arslan Butt serves as the Lead Commodities and Indices Analyst, bringing a wealth of expertise to the field. With an MBA in Behavioral Finance and active progress towards a Ph.D., Arslan possesses a deep understanding of market dynamics.His professional journey includes a significant role as a senior analyst at a leading brokerage firm, complementing his extensive experience as a market analyst and day trader. Adept in educating others, Arslan has a commendable track record as an instructor and public speaker.His incisive analyses, particularly within the realms of cryptocurrency and forex markets, are showcased across esteemed financial publications such as ForexCrunch, InsideBitcoins, and EconomyWatch, solidifying his reputation in the financial community.
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