Trump's 2025 Financial Filing Reveals Over $50M in Bitcoin Stored Offline

President Donald Trump's annual financial disclosure for 2025, published by the U.S. Office of Government Ethics, has confirmed that the sitting president holds more than $50 million worth of Bitcoin in cold storage — meaning the private keys are kept entirely offline, away from internet-connected systems and third-party exchanges.

The disclosure paints a sweeping picture of Trump's involvement in the digital asset space. In total, the filing documents over $1 billion in crypto-related revenue generated during the past year. This includes $635 million in royalty payments stemming from a memecoin licensing arrangement and more than $500 million derived from token sales connected to World Liberty Financial, a decentralized finance platform operating under the Trump name.

Within the filing, the Bitcoin holding appears under the entity CIC Digital LLC. The asset is listed as a "Cryptocurrency Wallet Virtual Bitcoin Key (held in cold wallet)" and is assigned the valuation bracket of "Over $50,000,000" — the highest tier the federal disclosure form allows. Because the form does not mandate precise figures beyond that threshold, the actual amount could be considerably larger. Notably, no income was reported from this Bitcoin position, which aligns with the asset being held rather than liquidated.

The Bitcoin is held within The Donald J. Trump Revocable Trust, established on April 7, 2014, with Trump as the sole beneficiary. This is the same trust structure that houses his stake in Trump Media & Technology Group, the company behind Truth Social.

Alongside Bitcoin, CIC Digital LLC also holds an Ethereum key valued between $5 million and $25 million, a staked Ethereum position through a Coinbase staking agreement that generated $510,808 in validator rewards, a USDC stablecoin holding in the $5 million to $25 million range, and an additional smaller dollar-denominated wallet. When Bitcoin and Ethereum holdings are combined, the disclosed value surpasses $100 million.

A second set of crypto assets appears under entities tied directly to World Liberty Financial. These include another Bitcoin key valued at over $50 million, an Ethereum key in the same top disclosure bracket, and various other digital asset positions. The World Liberty Financial entries also show over $236 million in net proceeds distributed through World Liberty Financial LLC and a $150 million income figure linked to Ethereum. Combined, the World Liberty Financial-connected wallet entries total approximately $527 million in token sale proceeds.

Further detail in the filing reveals a royalty payment of $635,068,835 under CIC Digital LLC, attributed to a meme-coin licensing deal with Celebration Coins. Another entity, DTTM Operations LLC, is listed as holding 15.75 billion World Liberty governance tokens, also placed in the highest valuation bracket.

Separately, Vice President JD Vance also disclosed Bitcoin holdings valued between $250,000 and $500,000 in the same filing cycle, consistent with previously reported figures.

The timing of this disclosure is significant. The Trump administration has simultaneously been shaping federal policy toward digital assets, including steps toward establishing a government stance on crypto reserves and regulatory frameworks. The president has publicly identified himself as a supporter of the digital asset industry, making these personal holdings particularly notable from a conflict-of-interest standpoint.

What the filing does not reveal is when Trump's Bitcoin was acquired, at what price, or how the position may have shifted over the course of the year. The bracket-based disclosure system inherently limits transparency at the upper end of the valuation scale, leaving the true scope of the holdings open to interpretation.