Just In: Donald Trump’s VP Pick JD Vance Holds This Amount Of Bitcoin
Highlights
- Donald Trump's VP pick JD Vance holds $250,000 to $500,000 in Bitcoin.
- Vance has always been known to be pro-crypto, having supported crypto bills and even introduced one himself.
- Trump doesn't officially hold any Bitcoin.
Donald Trump’s Vice President pick, JD Vance, has always been known to be pro-crypto, just like the former US president. However, a recent disclosure has shown that Vance isn’t only pro-crypto but also owns a significant amount of Bitcoin.
JD Vance Holds This Amount Of Bitcoin
According to a CBS report, JD Vance, a major supporter of digital assets, owns between $250,000 and $500,000 in Bitcoin. Like Donald Trump, Vance is known to be pro-crypto and has made eight positive statements about crypto.
As a US Senator, he once wrote to US SEC Chair Gary Gensler questioning why the Commission was so focused on enforcement actions against crypto firms rather than providing clarity to the industry. Meanwhile, JD Vance was also one of those who voted for the SAB 121 bill House Joint Resolution, a pro-crypto bill.
Vance’s ownership of Bitcoin is undoubtedly bullish, especially with Donald Trump believed to be leading in the polls. This again confirms that the US could soon usher in a pro-crypto administration that would boost the country’s crypto industry.
This development comes amid Trump’s recent call on crypto voters to join him in ending Kamala Harris’ war on crypto. The former US president reaffirmed his promise to commute Ross Ulbricht’s sentence on day one. Ulbricht created the Dark web marketplace Silk Road, which utilized Bitcoin for transactions.
Interestingly, most of the US government’s bitcoin holdings are from seizures related to the Silk Road Marketplace. The US currently holds 208,109 BTC ($14.59 billion).
Donald Trump Doesn’t Hold Any Bitcoin
Unlike JD Vance, the Republican presidential candidate doesn’t officially own any Bitcoin despite his public support for the flagship crypto alongside other cryptocurrencies. However, Arkham Intelligence data shows that Donald Trump owns several other coins, most of which were airdropped to him.
The top crypto he holds is Ethereum, holding 495,174 ETH. These ETH coins are likely royalties from his NFT trading cards, of which the former US president has already launched four collections,, the first dating back to 2022.
Meanwhile, although Donald Trump doesn’t hold any Bitcoin like JD Vance, there is no doubt about his support for the flagship crypto. He has promised to create a Bitcoin strategic reserve if elected as the next president.
It is also worth mentioning that earlier this year, Trump became the first-ever US president to transact with BTC. He used the crypto to purchase Burgers and drinks for supporters at the PubKey bar in New York.
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