Despite loud statements in support of digital assets, Donald Trump has chosen to lock in profits from cryptocurrencies and reinvest them into traditional instruments. An analysis of recent financial disclosures shows that a significant portion of the income received from crypto projects was converted into stocks and bonds.
Fourfold Growth of the Traditional Portfolio
Over the past two years, Trump's stock and bond portfolio has grown at least fourfold. By the end of 2025, the volume of these investments reached a range of $703 million to $2.6 billion. A year earlier, this figure stood at $225–608 million. Such a sharp increase indicates a strategy of quickly extracting profits from high-risk assets, followed by transferring capital into more conservative instruments.
"The reporting shows: Trump uses cryptocurrencies for quick profits and then transfers the proceeds into traditional instruments like stocks and bonds," notes Timothy Massad, former chairman of the CFTC.
It is important to emphasize that the president himself does not make asset management decisions. The White House clarified that the funds are held in accounts with full discretionary authority, managed by independent third-party organizations.
Crypto Assets Remain, but in the Minority
Despite the large-scale profit-taking, Trump retains a significant stake in digital assets. His balance sheet includes 15.75 billion governance tokens of the World Liberty Financial (WLFI) project, valued at over $50 million. Additionally, his companies hold Bitcoin (BTC) and Ethereum (ETH) worth at least $160 million. This is substantially more than the $1–5 million in ETH declared a year earlier.
Notably, the reporting does not include stock purchases in two public crypto companies supported by Trump's sons, Eric and Donald Trump Jr.
Political Tension Surrounding Crypto Income
Over the past year, Trump declared over $1.4 billion in income from family crypto projects, including WLFI and his own memecoin. Against this backdrop, nearly 1 million holders of the Official Trump (TRUMP) token are suffering a collective loss of $3.81 billion. Such a stark contrast between the issuer's profit and retail investors' losses has already raised questions in the Senate regarding a potential conflict of interest.
Senator Kirsten Gillibrand has again proposed banning the president, members of Congress, and their spouses from issuing memecoins. Economist Peter Schiff called such tokens "legal bribes." The debate around the issue is only intensifying.
Expert opinion: Trump's strategy demonstrates a classic institutional investor approach: using crypto market volatility to generate excess returns, but not holding the bulk of capital in it. This is a pragmatic signal for the market: even the loudest supporters of digital assets prefer diversification and profit-taking over unconditional faith in a "crypto-bright future."