An analysis of Donald Trump's latest financial disclosures reveals a clear pattern: the US president consistently records profits from the digital asset market and reinvests them into classic instruments — stocks and bonds.
Over two years, Trump's portfolio of traditional securities has grown at least fourfold. While the value of his stocks and bonds was estimated between $225 million and $608 million at the end of 2024, by the end of 2025 this figure had soared to between $703 million and $2.6 billion. This is direct evidence that a significant portion of income from crypto projects was funneled into purchasing more conservative assets.
This strategy of "quick profit" followed by capital transfer into traditional instruments is a classic approach of an experienced investor who views cryptocurrencies as a high-yield but volatile tool for speculation, rather than a long-term reserve.
Crypto Assets: Declaration vs. Reality
Despite public support for the crypto industry, Trump's personal holdings in digital currencies are relatively modest. However, his companies own Bitcoin (BTC) and Ethereum (ETH) worth at least $160 million. This significantly exceeds the $1–5 million in ETH he declared a year earlier. Additionally, Trump retains a package of 15.75 billion governance tokens from the World Liberty Financial (WLFI) project, valued at over $50 million.
Notably, the reports do not include investments in shares of public crypto companies supported by his sons. This may indicate a separation of investment strategies within the family.
Political Tension Around Memecoins
Over the past year, Trump has declared over $1.4 billion in income from crypto projects, including WLFI and his own memecoin Official Trump (TRUMP). However, for retail investors, the picture is much bleaker: nearly 1 million TRUMP holders are suffering a collective loss of $3.81 billion.
This is triggering sharp political reactions. Senator Kirsten Gillibrand has again proposed banning the president, members of Congress, and their spouses from issuing memecoins. Economist Peter Schiff has called such tokens "legal bribes." The debate over conflicts of interest is intensifying, only underscoring the need for more transparent regulation of digital assets for public figures.
Cryptalist Expert Opinion: Trump's behavior mirrors that of many institutional players: use crypto to generate alpha returns, but keep the core of capital in the "old world." This is pragmatic, but for the market, it's a bearish signal, as it means even the biggest crypto optimist is not willing to hold large positions in digital assets without hedging.