Forbes: Trump’s Bitcoin investment led to a $490 million decline in his wealth

Trump transitioned from being a cryptocurrency skeptic to an advocate, investing 2 billion USD in Bitcoin at 115,000 USD per coin. This investment initially performed well but has now contributed to a staggering loss.

The current Bitcoin price drop of 17% and a 24% decrease in Trump Media’s stock further impacted Trump’s financial standing, leading to a substantial wealth reduction.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

More posts