The Trump family has lost roughly $1 billion in recent months due to steep declines in cryptocurrency investments, Bloomberg reports. President Donald Trump and his family’s ventures into meme coins, Bitcoin mining, and Trump-branded crypto tokens have seen massive losses, reducing their estimated collective wealth from $7.7 billion in early September to $6.7 billion. Shares in Trump Media & Technology Group (TMTG) and other crypto holdings have also fallen to historic lows, affecting both the family and investors who bought into the Trump crypto craze.
Meme Coin and Crypto Losses
Trump-branded meme coins have lost about a quarter of their value since August, while Eric Trump’s Bitcoin mining venture has shed roughly half its peak value. Shares in TMTG, owner of Truth Social, have fallen to all-time lows after heavy investments in cryptocurrency. Investors who bought Trump’s meme coin at its January peak would have lost nearly their entire investment by November.
WLFI Token Decline
The family-backed World Liberty Financial (WLFI) token has dropped from 26 cents in early September to around 15 cents. Despite the decline, the coins remain locked and cannot be traded, so their depreciation is not included in the overall wealth estimate. At its peak, the Trump family earned roughly $5 billion from WLFI trading across multiple exchanges.
Bitcoin and Market Turmoil
The Trump family’s losses coincided with broader crypto market volatility, during which roughly $1 trillion in value was wiped out. Bitcoin fell below $82,000 last week, a 32 percent drop from its October all-time high of $126,000, highlighting the precarious nature of digital assets and the family’s heavy exposure to the sector.
TMTG Shares Plummet
TMTG shares have fallen sharply after investing about $2 billion in Bitcoin, other securities, and options. Bloomberg reports that President Trump’s stake in TMTG has lost roughly $800 million since September. Investments in the CRO token from Crypto.com also declined by half, from $147 million to about $73 million, further contributing to the financial hit.
Other Crypto Ventures Falter
American Bitcoin Corporation, in which Eric Trump holds a 7.5 percent stake, has lost more than half its value since September. This drop wiped out over $300 million from the family fortune, leaving early investors with roughly a 45 percent loss. The downturn underscores the risks associated with high-profile celebrity crypto ventures.
Family Optimistic About Future
Despite the losses, Eric Trump remains bullish on cryptocurrency, framing the downturn as an investment opportunity. He told Bloomberg: “People who buy dips and embrace volatility will be the ultimate winners. I have never been more bullish on the future of cryptocurrency and the modernization of the financial system.” The family continues to emphasize the long-term potential of digital assets despite short-term declines.