Donald Trump · Pete Hegseth · Pentagon · Bitcoin Magazine
This Is What His Accounts Say
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U.S. Defence Secretary Pete Hegseth has millions of dollars in investments.
Key facts
- That’s according to his newly released 2025 annual financial disclosure, which shows he has between $16,000 and $65,000 in the leading cryptocurrency while a bank account holds $1 million in cash
- Hegseth’s Office of Government Ethics filing also showed that he and his wife have retirement accounts containing investments worth roughly $2.05 million to $4.35 million
- His family, including sons Eric and Donald Jr., made $2.3 billion from four crypto ventures through the end of April 2026, a Reuters investigation reported this year
- President Trump personally disclosed that he’d made more than $1.4 billion from the family’s digital asset ventures, making crypto his largest income source and far ahead of real estate and legal
Summary
U.S. Secretary of Defense Peter Hegseth holds more cash than he does bitcoin. That’s according to his newly released 2025 annual financial disclosure, which shows he has between $16,000 and $65,000 in the leading cryptocurrency while a bank account holds $1 million in cash. Hegseth, who was appointed Defense Secretary in January 2025, is part of the most crypto-friendly administration the U.S. has had. President Donald Trump was backed by digital asset industry bigwigs and last month pushed for landmark crypto legislation, the Clarity Act, to pass.