Donald Trump has disclosed the earnings from his three NFT collections. The Republican nominee reportedly owns cryptocurrency valued at up to $5 million and has generated over $7 million from his involvement in the NFT industry, according to a new financial statement. The personal financial disclosure, obtained by Citizens for Ethics, reveals that Trump holds between $1 million and $5 million in Ethereum-based crypto assets.
Donald Trump’s agenda in the crypto industry
Trump also revealed that he has earned over $7.15 million from three NFT collections, including the “Mugshot” project and two separate series of Donald Trump Trading Cards.
On July 16, Trump hinted at a fourth NFT collection in a statement to Bloomberg, mentioning that he had received public support. The former U.S. President launched his “official crypto-sneaker” line on August 1, and despite its $499 price tag, the limited-edition orange high-top shoe sold out within hours.
According to blockchain analytics platform Arkham Intelligence, the value of Trump’s Ethereum-based cryptocurrency holdings was estimated at $3.5 million at the time of its initial launch.
In June, Trump’s crypto holdings briefly surged to as high as $18 million following a significant rise in the MAGA memecoin with the ticker “TRUMP.” The TRUMP memecoin was launched in August to raise funds and protect children in the United States. Although it carries the former president’s name, it is not officially linked to or endorsed by Donald Trump.
This article does not provide investment advice or recommendations. All investments and trading activities involve risk, and readers should conduct their own research when making decisions.
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