Trump's public stance on cryptocurrency has evolved significantly since his early days in office when he dismissed digital currencies as a "scam."
Former President Donald Trump possesses more than $1 million in cryptocurrency and has earned $300,000 from sales of branded Bibles, according to a personal financial disclosure released on Thursday.
The branded Bible, listed in the disclosure as the "Greenwood Bible," is available for purchase on the official website for $59.99. It includes a handwritten chorus of the song "God Bless the USA" by country singer Lee Greenwood. A limited edition signed by Trump is also available on the site for $1,000.
Trump’s holdings in cryptocurrency exceed $1 million, the new documents reveal. His disclosure details a cryptocurrency wallet and a "virtual ethereum key," which he valued between $1 million and $5 million.
Trump's public position on cryptocurrency has shifted from his initial dismissal to a more hands-off government approach, with his campaign even promoting the idea of building a "crypto army."
This shift came after lobbying efforts from the cryptocurrency industry and indications that a segment of Trump's base, particularly young men active online, favor the development of digital currency.
"I know a lot of very talented people who are really invested in that world and market. They’re smart, they’re good people, and they believe it could be very beneficial," Trump recently said during a livestream with streamer Adin Ross, adding that if the U.S. doesn't engage with cryptocurrency, China will.
In last year’s financial disclosure, Trump estimated the value of Truth Social, his social media company, to be between $5 million and $25 million. This year, he valued the company, known as Trump Media & Technology Group Corp., at over $50 million.
He also reported two trademarks in China in his previous disclosure, but that number has surged to over 100 in his 2024 filing, according to NBC News.
After declaring his candidacy, federal candidates and officeholders are required to file annual financial reports, which typically provide a broad overview of assets, investments, and income.
