Donald Trump made some stunning revelations about his financial holdings on Thursday. The Republican Presidential candidate and former US President has declared about owning over $1 Million in crypto. Out of this amount, he is said to have earned $300,000 by selling branded Bibles.
“The Greenwood Bible” is the branded Bible sold under Trump’s business name, and it includes handwritten phrases from “God Bless the U.S.A.,” a song by Lee Greenwood. This Bible costs $59.99. The signed copy of the branded Bible Bible is being sold for $1,000. Trump has earned around $300,000 from selling these Bibles.
Donald Trump’s Crypto Earnings 2024: A U-Turn
As per the recent reports of CNBC, Trump has an investment of $1- 5 Million in digital assets. His disclosure details revealed that he owns a virtual Ethereum key and a crypto wallet. Trump’s declaration proves that he holds substantial stakes in cryptocurrency.
If we go back in time, Trump had stated that cryptocurrency is a scam. This tune shift depicts his perspective after observing the market trends and youth’s interest. Industry lobbying and supporters’ trust in crypto are the factors that have shaped his keen interest in the digital asset.
Recently, he was seen getting less hostile towards crypto investing. Trump was also rallying for U.S. participation in this digital currency. Having a “crypto army” as a part of his campaign reminds him of his involvement in crypto investing.
Truth Social, Trump’s social media company has a valuation between $5-25 Million. Although with gradual progress, his social media agency now costs $50 Million, as per the latest declaration. He has also invested in multiple Chinese ventures in the last two years. These declarations are a part of the rule that makes it compulsory for the officeholders and candidates to declare their income.
Donald Trump Jr.’s Crypto Declaration
Trump’s son has recently unveiled their official Telegram channel named “The DeFiant Ones” for their highly awaited crypto project.
This announcement came on X, highlighting its importance for official updates and sidestepping speculations. This Telegram channel will be the primary source of information and updates about the Trump-crypto project. The update has invited massive attention and hinted towards a significant initiative into DeFi and cryptocurrencies.
Although experts have predicted that the project will be substantial, we still do not have the details. This Telegram channel might act as a massive help for both Trump supporters and crypto-enthusiasts.
