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Defense Secretary Pete Hegseth reports at least $3.1 million in assets including Bitcoin

U.S. Defense Secretary Pete Hegseth disclosed at least $3.1 million in cash, investments, and Bitcoin, with filings showing cryptocurrency holdings between $16,000 and $65,000 stored in a Coinbase wallet.

Official portrait of U.S. Defense Secretary Pete Hegseth in front of flags.
Image: @Cointelegraph

Defense Secretary Pete Hegseth reported holding at least $3.1 million in cash, investments, and Bitcoin in his financial disclosure filing.[4][5]

Hegseth's disclosure lists Bitcoin held in a Coinbase wallet. Two entries in the filing value the cryptocurrency holdings between $16,000 and $65,000, alongside more than $1 million in cash.[1][2][5]

The filing also shows that Hegseth's bank account surged past $1 million. In addition, the disclosure indicates he sold defense contractor stock and reshuffled family investments into broad index funds after taking office.[1][3]

Key facts

  • Defense Secretary Pete Hegseth reported holding at least $3.1 million in cash, investments, and Bitcoin.
  • Hegseth's annual financial disclosure lists Bitcoin held in a Coinbase wallet.
  • Two entries in the disclosure value the Bitcoin holdings between $16,000 and $65,000.
  • The disclosure lists more than $1 million in cash, with Quartz reporting a bank account surged past $1 million.
  • The filing indicates Hegseth sold defense contractor stock and reshuffled family investments into broad index funds after taking office.

Sources · 5 sources

  1. DE

    DecryptArticle ·

    Defense Secretary Pete Hegseth Holds Bitcoin in a Coinbase Wallet, Filing Shows Two entries in his annual disclosure put the holding somewhere between $16,000 and $65,000, alongside more than $1 million in cash.

    Open source
  2. DE

    Decrypt@DecryptMediaPost on X ·

    Defense Secretary Pete Hegseth Holds Bitcoin in a Coinbase Wallet, Filing Shows https://t.co/lfPE6UX6QI

    Open source
  3. QU

    Quartz@qzPost on X ·

    Defense secretary's financial disclosure shows a bank account surged past $1 million: The filing also shows Hegseth sold defense contractor stock and reshuffled family investments into broad index funds after taking office https://t.co/4zBihiVusD https://t.co/c8nIXjX2Cx

    Open source
  4. CN

    CNBC@CNBCPost on X ·

    Pete Hegseth reports at least $3.1 million in cash, investments and Bitcoin https://t.co/CXRoYJvqos

    Open source
  5. CO

    Cointelegraph@CointelegraphPost on X ·

    🚨 LATEST: Defense Secretary Pete Hegseth disclosed at least $3.1 million in cash and investments, including Bitcoin worth between $16,000 and $65,000. https://t.co/YM9axoxHsK

    Open source