Bitcoin Crash Hits Crypto Wealth of Donald Trump’s Family and Followers
By Tom Maloney and Annie Massa – November 23, 2025
In the second term of President Donald Trump, cryptocurrency investments became a significant part of the Trump family’s wealth portfolio. However, recent downturns in the crypto market are delivering a sharp reminder to the Trumps and their followers about the volatility and risks inherent in digital currencies.
According to a report by Bloomberg, a Trump-branded memecoin has witnessed a steep decline, losing about 25% of its value since August. This drop reflects the broader instability affecting niche cryptocurrencies and highlights the challenges tied to branding and speculative digital tokens.
Moreover, Eric Trump’s stake in a Bitcoin mining venture, which had seen substantial appreciation during the crypto boom, has lost roughly half its value from its peak. This decrease underscores the precarious nature of investments tied to the energy-intensive and highly competitive mining sector.
Adding to these setbacks, shares of Trump’s social media company—which began accumulating Bitcoin earlier this year—are trading near all-time lows. The company’s strategic pivot to hoard Bitcoin was initially seen as a bold move, but the current market turbulence has diminished investor confidence.
The recent crypto crashes are eroding wealth not only linked directly to the Trump family but also impacting their broader network of supporters and followers who invested heavily in these digital assets. The combination of market-wide declines and crypto-specific challenges is offering a cautionary tale about the unpredictability of this asset class.
As the crypto market continues to fluctuate, the Trump family and their supporters are experiencing firsthand the risks that come with digital currency investments, despite previous periods of robust growth.
Bloomberg will continue tracking developments in this evolving story as the situation unfolds.
Contact Bloomberg reporters Tom Maloney and Annie Massa for further information or to provide news tips.