President Donald Trump moved tens of millions of dollars in cryptocurrency gains into traditional stocks and bonds, according to recent financial disclosures filed with the U.S. Office of Government Ethics. The filings, reported by Reuters, show that Trump generated $1.4 billion through his family's digital asset ventures, including World Liberty Financial and the Trump (TRUMP) meme coin. The reinvestment marks a notable shift from crypto to conventional assets.
Holdings Surge Alongside Crypto Entry
An analysis of Trump's traditional financial holdings reveals that at the end of 2025, the president owned between $703 million and $2.6 billion in stocks and bonds—roughly a fourfold increase from his holdings of $225 million to $608 million at the end of 2024. This surge in stock and bond ownership coincided with Trump's entry into the crypto market. The filings report holdings in ranges rather than exact figures, so the precise amount rotated from crypto into stocks and bonds is not specified.
Expert Commentary on Strategy
Timothy Massad, director of the Digital Assets Policy Project at Harvard's John F. Kennedy School of Government, commented on the disclosures. "Although the President talks about digital assets as the frontier of finance and making the United States the crypto capital of the world, the disclosure form suggests his personal strategy is to make a quick buck from crypto—through the sale of his meme coin and World Liberty tokens—but then invest his profits in traditional assets like stocks and bonds," Massad said. The filings highlight a contrast between Trump's public pro-crypto stance and his personal investment choices.