Billion-dollar loss for the Trump family due to ongoing crypto crash

Over the past few months, the Trumps have experienced a significant devaluation in their crypto portfolio. While Donald Trump’s wealth was around $7.7 billion last year according to Bloomberg, it has decreased to approximately $6.7 billion. This loss of nearly $1 billion demonstrates how even large fortunes can be vulnerable to market volatility, especially when it comes to digital assets.

Where the biggest damage occurred

The heaviest hits came to Trump Media & Technology Group, the parent company of Truth Social. The company’s stock price has plummeted since September, reducing Trump’s direct stake by about $800 million. This is closely linked to Truth Social’s Bitcoin strategy: earlier this year, the company purchased approximately $2 billion worth of Bitcoin at an average price of around $115,000 per coin. With current Bitcoin prices around $90.37K, this position has come under significant pressure.

Also, World Liberty Financial, the Trump family’s flagship crypto entity, faced heavy headwinds. The WLFI token halved in value from $0.26 to about $0.17, resulting in a decrease in total token value from approximately $6 billion to $3.15 billion. Despite these substantial losses, a spokesperson emphasized that the company “maintains long-term confidence” in the future of crypto.

Eric Trump was personally affected by the crypto crash as well. Through a partnership with a Bitcoin company, he acquired a 7.5% stake. This position lost nearly half its value, amounting to more than $300 million in paper losses. Even Trump’s own memecoin was not spared from the chaos: the TRUMP token has lost more than $117 million in value since August and is currently trading around $5.35.

The unfortunate timing

It is remarkable that these losses occurred at a time when Trump positions himself as a champion of the American crypto industry. He signed executive orders to undo restrictions on crypto companies, initiated a national strategic Bitcoin reserve, and presented himself as the face of the U.S. crypto sector.

However, this course has also sparked controversy. In October, Trump granted clemency to the founder of a major crypto exchange, just months after this individual admitted to serious money laundering violations—an act that drew much criticism.

The family remains optimistic

Despite the substantial losses, the Trumps appear to have not lost their confidence. Eric Trump described the recent dip to Bloomberg as “a fantastic buying opportunity” and stated that “those who buy during dips will ultimately be the winners.”

This is a common assertion within the crypto community, but it highlights a remarkable contrast: while the family recommends buying on dips, they themselves have experienced unprecedented losses despite their billions in resources. Although Bitcoin has historically shown deep corrections before reaching new highs, the current moment illustrates how volatility spares no one—even those with the means to hold large positions.