The post Donald Trump’s $3.6M Crypto Secret and $7.2M NFT Jackpot Found appeared first on Coinpedia Fintech News
As the 2024 election heats up, former President Donald Trump is making headlines with his $3.6 investments in cryptocurrency and a surprising windfall from NFTs. Recent financial disclosures have shed light on Trump’s growing crypto portfolio and his impressive earnings from digital assets.
These substantial holdings highlight his positive stance on cryptocurrency and contribute to increasing optimism in the crypto market.
Trump Holds $3.6M In Crypto
According to recent reports by Arkham Intelligence, Donald Trump’s crypto holdings are valued at around $3.6 million. This includes $1.29 million in Ether and $989,000 in wrapped Ether. Trump’s financial disclosures for the 2024 election show his total crypto investments could reach up to $5 million.
It remains unclear whether this increase in value is due to his additional investments or the recent rise in Ethereum’s price.
Trump’s engagement with the crypto world aligns with his campaign promises, including a pledge to support cryptocurrency advancements. His recent appearance at the Bitcoin 2024 conference, where he encouraged voters to hold onto their Bitcoin, underscores his commitment to the crypto community.
Apart from this his family, notably his son Donald Trump Jr., is also preparing to enter the crypto space with the launch of a new Telegram channel, “The Defiant Ones.”
NFT Earnings Surge
In addition to his crypto assets, Trump has earned approximately $7.2 million from his NFT ventures. This revenue comes from a licensing deal with NFT INT, LLC, which sells digital trading cards featuring the former president.
Trump’s earnings from this deal have soared from about $300,000 a year ago, highlighting the success of his NFT initiative.
Additional Revenue Streams
Aside from his investments, recent disclosures also revealed that former President Trump earned over $300,000 from selling branded Bibles. He also made a substantial $216 million from his Mar-a-Lago resort and his golf course in Doral, Florida.
At the Bitcoin 2024 conference in Nashville, Trump pledged to build a national Bitcoin reserve and make the U.S. the “crypto capital of the world” by introducing crypto-friendly policies if re-elected.