From critic to supporter: Donald Trump now holds over $870 million in Bitcoin as the market recovers from a sharp decline.
Bitcoin and Ethereum Prices Rise
The crypto market experienced a turbulent week, but prices are starting to recover. Bitcoin rose more than 4% in the last 24 hours, trading around $114,662. Ethereum surged over 10% to $4,133.
This rebound follows Donald Trump’s reassuring statement regarding tensions between the US and China:
We don’t want to hurt China, we want to work with them.
Trump stated.
The comment came after massive sell-offs earlier in the week that affected both the stock and crypto markets.
Trump Becomes One of the Largest Bitcoin Whales
According to Forbes, Donald Trump has become one of the largest Bitcoin holders in the world. He indirectly owns approximately $870 million in BTC through his 41% stake in Trump Media & Technology Group — the parent company of Truth Social.
Earlier this year, Trump Media invested $2 billion in Bitcoin, using funds raised from stock and debt sales. Mirroring MicroStrategy’s strategy, led by Michael Saylor, the move has proven profitable. Despite market volatility, BTC remains the best-performing asset in the company’s portfolio.
From Bitcoin Critic to Blockchain Advocate
In 2019, Trump harshly criticized Bitcoin, calling it “highly volatile” and “thin air.” Today, however, his stance has drastically changed.
Since returning to politics, Trump has actively supported blockchain innovation in the US. His administration introduced the GENIUS Act — a bill aimed at boosting research and development in blockchain and digital asset technologies.
The shift in tone reflects not only a personal transformation but also a strategic understanding of the future of money and technology.
Looking Ahead: What’s Next?
With Trump’s growing influence in the crypto space and bold moves by other whales, the market is entering a critical phase. Will Bitcoin’s uptrend continue, or is another correction looming?
For now, all eyes are on Trump’s next statements and how far the crypto recovery will go after trade war tensions.
Conclusion
With his direct involvement and massive investments, Donald Trump now plays a key role in the crypto world. From outspoken critic to symbol of institutional trust in Bitcoin, he has become a major figure that the crypto market can no longer ignore.
Frequently Asked Questions
Find answers to the most common questions below.
He indirectly owns around $870 million in BTC through his 41% stake in Trump Media & Technology Group.
Yes, he went from a vocal critic in 2019 to a supporter of blockchain innovation, even introducing pro-crypto legislation.
It is a legislative initiative by Trump’s administration aimed at boosting blockchain and digital asset research in the US.
This article is for general informational purposes only and is not intended to be, and should not be construed as, legal or investment advice. Crypto-assets are highly volatile, so only invest funds that you are willing to lose and use your own research and risk management.
