An analysis of Donald Trump's latest financial disclosures reveals an interesting strategy for managing his cryptocurrency income. Despite his loud public support for digital assets, the US President demonstrates a classic "buy — earn — exit to fiat" approach, locking in profits and reinvesting them into traditional instruments.
Fourfold growth in stock and bond portfolio
Over the past two years, the value of Trump's stock and bond portfolio has increased at least fourfold. While at the end of 2024, the range of his investments in these instruments was estimated at $225–608 million, by the end of 2025 it had grown to between $703 million and $2.6 billion. This clearly shows that the bulk of the president's personal capital is concentrated in classic assets, not cryptocurrencies.
Former Chairman of the Commodity Futures Trading Commission (CFTC) Timothy Massad rightly notes: Trump's strategy is to quickly lock in profits in the volatile digital asset market, followed by transferring funds into more conservative instruments. In other words, for him, cryptocurrency is not a long-term store of value, but a tool for speculative earnings.
Crypto assets remain, but in the minority
It is important to emphasize: Trump has not completely divested from cryptocurrencies. By the end of 2025, his companies' balance sheets still held Bitcoin (BTC) and Ethereum (ETH) worth at least $160 million. Additionally, he retains a package of 15.75 billion governance tokens from the World Liberty Financial (WLFI) platform, valued at over $50 million. However, these figures pale in comparison to his billion-dollar investments in stocks and bonds.
Notably, the disclosures do not mention purchases of shares in public crypto companies, which his sons, Eric Trump and Donald Trump Jr., actively support. This may indicate that the president prefers to stay away from direct investments in high-risk sectors associated with his family.
Political resonance and conflict of interest
Political tension is mounting around Trump's cryptocurrency income. Over the past year, he declared over $1.4 billion in income from family crypto projects, including WLFI and his own memecoin, Official Trump (TRUMP). Meanwhile, nearly 1 million holders of the TRUMP token are suffering a collective loss of $3.81 billion — a stark contrast to the family's profit.
Senator Kirsten Gillibrand has again proposed a bill banning the president, members of Congress, and their spouses from issuing memecoins. Economist Peter Schiff has even called such tokens "legal bribes." The issue of a potential conflict of interest has already been raised in the Senate, and given the scale of Trump's personal income from cryptocurrencies, debates on this topic will only intensify.
Expert opinion: Trump's strategy is a perfect example of "risk-off" behavior by large capital. He uses cryptocurrencies to generate excess returns, but as soon as the market shows signs of instability or peaks, he instantly shifts into "blue chips." For retail investors, this should be a signal: even America's top crypto enthusiast does not put all his eggs in one basket.