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Trump administration officials' crypto holdings revealed
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Recently, after a vote, the U.S. Senate officially confirmed Paul Atkins, nominated by Trump, as the chairman of the SEC. Since then, the main government officials during Trump's term have basically been confirmed, and this group of people will become key figures influencing the political and economic situation in the United States and even the world, as well as the cryptocurrency market in the next four years. Therefore, although the major officials of the Trump administration are under the control of the U.S. Office of U.S. Government Ethics, their crypto holdings may still become one of the important factors affecting subsequent regulatory policies and the benefits of cryptocurrency projects.
The personal financial information of JD Vance, the current Vice President of the United States, disclosed in August 2024 shows that Vance holds assets of about $4 million, of which the relevant crypto assets are about $250,000 to $500,000, all of which are Bitcoin. In addition, index funds related to crypto assets and crypto asset management company funds are also listed.
Before taking office, David Sacks, the head of AI and cryptocurrency affairs in the United States, sold more than $200 million in digital asset-related investments through his personal and company Craft Ventures, and about $85 million of income belonged to him personally, including Bitcoin, Ethereum, Solana and Bitwise 10 Crypto Index Fund, and sold shares in Coinbase and Robinhood. In addition, he also withdrew from Multicoin Capital, Blockchain Capital and Bitwise Asset Management related investments, and began to gradually withdraw from holdings in some private digital asset companies. In addition, Sacks still holds interests in some funds under Craft Ventures, which invest in companies such as BitGo and Lightning Labs. These investments are difficult to fully withdraw due to liquidity restrictions, accounting for less than 3.8% of its total investment assets. The above information has also been confirmed and responded to by David Sacks himself, and Kyle Samani, managing partner of Multicoin Capital, and Hunter Horsley, CEO of Bitwise, have also made corresponding explanations.
It is preliminarily estimated that Paul Atkins' crypto-related assets are about 2-6 million US dollars. The Off The Chain Capital fund he invested in adopts a Bitcoin strategy and focuses on low-price Bitcoin investment opportunities, such as Mentougou's debt, Bitcoin mining machines, Bitcoin leverage, etc., and thus indirectly holds Bitcoin. In addition, he also holds shares in the crypto company Securitize and Anchorage Digital, the only crypto bank in the United States, with assets of about 250,000 to 500,000 US dollars.
The personal property documents disclosed by US Treasury Secretary Scott Bessent in August 2024 show that his total financial assets are approximately US$521 million. In comparison, his crypto assets only include the Bitcoin spot ETF IBIT, and the asset size is approximately US$250,000-500,000, which accounts for less than 0.1% of his personal assets.
Elon Musk remains a key figure in the crypto space, drawing market attention.
According to Arkham, Tesla now holds 11,509 BTC as of March 7.
This is an increase of 1,789 BTC from the 9,720 BTC reported in the last earnings report.
In it, Musk said, “I still own a lot of Dogecoin, and SpaceX still holds Bitcoin.”
In November, Dogecoin UI designer DogeDesigner shared a voice clip of Musk on X.
