Trump family wealth drops $1 billion as crypto holdings slide

The Trump family’s net worth has dropped by about $1 billion since early September to roughly $6.7 billion. The decline follows a slide in digital assets that reduced the value of holdings tied to their media company, a bitcoin miner and several tokens.

Shares of Trump Media & Technology Group, parent of Truth Social, fell to record lows in recent trading after the company expanded its exposure to cryptocurrencies. Earlier this year, Trump Media spent about $2 billion on bitcoin and other securities, including options, and took a position in CRO, the token issued by Crypto.com.

The CRO stake was valued near $147 million in early September and is now worth about half that amount. The drop in Trump Media’s stock has reduced the value of Donald Trump’s stake by roughly $800 million since September.

Eric Trump holds a 7.5% stake in American Bitcoin Corporation. The miner’s shares have fallen by more than half since September, trimming the family’s wealth by more than $300 million linked to that position. An investor who bought at the company’s public debut is down about 45%.

A Trump-branded memecoin has lost around a quarter of its value since August. Buyers who entered at the token’s peak in January would have seen most of their investment erased by November.

World Liberty Financial’s WLFI token traded around 26 cents in early September and is now near 15 cents. Estimates place the family’s WLFI holdings at about $3.15 billion, down from a peak near $6 billion. Those tokens are locked and cannot be sold, so the unrealized loss is not included in the $1 billion decline above.

The pullback aligns with a broader slump in crypto markets that erased roughly $1 trillion in value in recent months, pressuring token prices and the shares of companies with large on-balance-sheet crypto positions.

As GNcrypto covered previously, bitcoin fell more than 30% from its early-October all-time high above $126,000 to about $87,000, cutting the estimated value of Satoshi Nakamoto’s roughly 1.1 million BTC stake by $41 billion-from $137 billion to $95.8 billion.