Trump administration officials’ crypto holdings revealed, BTC is still the first choice

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ODAILY
04-14
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This original article | Odaily Planet Daily (@OdailyChina)

Author | Wenser (@wenser 2010)

Recently, after voting, the U.S. Senate officially confirmed Paul Atkins, nominated by Trump, as SEC Chairman. With this, the main government officials during Trump's term have been basically confirmed, and these individuals will become key figures influencing the political and economic landscape and cryptocurrency market in the next 4 years. As such, although the main officials of the Trump administration are constrained by the U.S. Government Ethics Office, their crypto holdings may still become an important incentive affecting subsequent regulatory policies and cryptocurrency project benefits. Based on this, Odaily Planet Daily will compile the cryptocurrency-related holdings of key figures in this article for readers' reference.

Vice President Vance: Focusing on BTC

According to a previous Business Insider report, the current U.S. Vice President JD Vance's personal 2023 financial information disclosed in August 2024 shows that Vance has assets of approximately $4 million; among which, crypto assets are around $250,000-$500,000, all in Bitcoin. Additionally, crypto asset-related index funds and crypto asset management company funds are also included.

White House AI and Crypto Director David Sacks: Previously Held BTC, ETH, SOL, BITW, Now Fully Liquidated

White House memo documents show that the U.S. AI and Cryptocurrency Affairs Director David Sacks sold over $200 million in digital asset-related investments before taking office, with approximately $85 million in personal income, including Bitcoin, Ethereum, Solana, and the Bitwise 10 Crypto Index Fund (BITW), and sold his shares in Coinbase (COIN) and Robinhood (HOOD).

SEC Chairman Paul Atkins: Indirect BTC Holdings

According to a post by crypto KOL @0x_Todd, it is initially estimated that Paul Atkins has crypto-related assets of around $2-6 million. The Off The Chain Capital fund he invested in adopts a Bitcoin strategy (focusing on Bitcoin low-price investment opportunities, such as Mathedong debt rights, Bitcoin mining machines, Bitcoin leverage, etc.), thus indirectly holding Bitcoin.

U.S. Treasury Secretary Scott Bessent: Holds IBIT

The U.S. Treasury Secretary Scott Bessent's personal property document disclosed in August 2024 shows that his total financial assets are approximately $521 million. In comparison, his crypto assets only include the Bitcoin spot ETF IBIT, with an asset scale of around $250,000-$500,000, less than 0.1% of his personal assets.

U.S. Commerce Secretary Howard Lutnick: Holds 5% of Tether Shares and Some BTC

According to the financial disclosure document issued by the U.S. Federal Government Ethics Office (OGE), the current U.S. Commerce Secretary Howard Lutnick disclosed his crypto assets and related investments in a report submitted on January 24, 2025. Previously, he explicitly stated that he holds Bitcoin and views it as a globally freely traded asset "like gold". His Cantor Fitzgerald is a major partner of stablecoin issuer Tether, managing approximately $39 billion in U.S. Treasury bonds.

DOGE Department Head Musk: BTC and DOGE

According to Arkham platform data, on March 7, Tesla, owned by Musk, increased its Bitcoin holdings to 11,509 coins, about 1,789 BTC more than the 9,720 BTC reported in the previous financial report. Last November, Dogecoin UI designer DogeDesigner, who frequently interacts with Musk, shared an audio clip on the X platform where Musk stated, "I still hold a large amount of Dogecoin, and SpaceX still holds Bitcoin."

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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