Donald Trump’s Billion-Dollar Bitcoin Scandal Revealed
April 8, 2026
President Donald Trump and his family are reported to have faced significant financial losses due to their heavy investment in bitcoin. An investigation by Forbes outlined a series of unfortunate events that led to the Trump family witnessing losses of nearly $1 billion within a single year after their crypto investments took a nosedive.
The losses seem to have originated from the family’s expectations of a 50% surge in the price of bitcoin, which was at approximately $108,000 in May 2025. Consequently, Eric Trump and Donald Trump Jr., the president’s sons, opted to sell off approximately $1.4 billion in stock and $1 billion in convertible bonds from Trump Media & Technology Group (TMTG), the entity behind the Truth Social platform, and dived into a massive investment in bitcoin.
Despite watching bitcoin soar to $119,000 by July 2025 and hitting an all-time peak of $126,000 in October, the digital currency experienced a sharp downturn in November and plummeted to less than $82,000 at one point. By the end of November 2025, Trump Media’s crypto assets had dwindled from $2.4 billion to $1.8 billion.
In a bid to shield themselves from further losses, Trump Media hedged approximately one-third of its bitcoin holdings towards the tail end of the year. However, Federal Reserve Chair Jerome Powell’s decision in January 2026 to maintain interest rates steered bitcoin to plummet another 5% in a day, resulting in further declination of Trump Media’s assets to an estimated $1.7 billion, according to estimates from Forbes.
The post-crash aftermath of bitcoin’s value further spiraled downwards, currently hovering around $71,000. Due to this substantial decline since the preceding year, Trump Media’s holdings are now evaluated at roughly $1.4 billion, marking a dramatic retreat of nearly $1 billion since their significant bitcoin investments.
Considering a potential future spike in bitcoin prices, the president’s personal contribution in Trump Media has been diminished by $1.6 billion. Trump Media’s spokesperson Shannon Devine explained the Trump family’s perspective on their bitcoin dealings, underscoring a long-term commitment to the innovative digital currency regardless of transitory setbacks.
The marked downfall in the Trump family’s crypto ventures has raised eyebrows, with numerous inquiries directed at Trump Media for clarification on the situation. As the repercussions of this unfortunate financial plunge continue to unfold, the Trumps find themselves grappling with the aftermath of their bold investment choices in the volatile world of cryptocurrency.