Once openly hostile to Bitcoin and other forms of cryptocurrency, President Trump seems to have embraced Web 3.0 and blockchain technology!
The former President and his wife Melania have minted several NFT collections at the time of this writing and have no doubt realized the benefits digital assets bring to fundraising.
According to multiple sources, President Trump holds $250,000 worth of Ethereum as part of his portfolio; a quick reminder, this is not investment advice.
JUST IN: 🇺🇸 Former President Trump holds $250,000 #Ethereum, financial records reveal.
— Watcher.Guru (@WatcherGuru) August 12, 2023
BREAKING: Donald Trump holds $250k to $500k worth of #crypto in an #ethereum wallet, according to recent financial disclosures pic.twitter.com/3nHkNv2qSo
— Altcoin Daily (@AltcoinDailyio) August 12, 2023
Benzinga confirmed:
Former President Donald Trump provided details about CIC Digital LLC, a company that receives licensing fees for utilizing his likeness on non-fungible tokens (NFTs).
Additionally, the company holds an Ethereum wallet containing an estimated value ranging from $250,000 to $500,000.
ADVERTISEMENT
Altcoin Daily explained that President Trump accumulated the $250,000 Ethereum by selling Trump-themed non-fungible tokens (NFTs) over the Ethereum network.
Donald Trump has over $250,000 #ethereum from selling these. pic.twitter.com/P7QYQuss3Z
— Altcoin Daily (@AltcoinDailyio) August 12, 2023
Coingraph News Reports that President Trump is “Expected to Earn $100K-$1M from NFT Cards,” in 2023.
Former 🇺🇸 US President Trump Holds Ethereum Worth 250K-500K, Expected to Earn $100K-$1M from NFT Cards. pic.twitter.com/Pngka2S3Sb
— Coingraph | News (@CoingraphNews) August 12, 2023
The New York Post had more on the latest Trump NFT collection:
The digital trading cards, which depict Trump in a variety of heroic poses and wearing outfits, such as a space suit, an auto racing suit, and fighter pilot jumpsuit, sold out last December and went for $99 a piece.
Join the conversation!
Please share your thoughts about this article below. We value your opinions, and would love to see you add to the discussion!