Defense Secretary Pete Hegseth Holds Bitcoin in a Coinbase Wallet, Filing Shows
Pete Hegseth’s 2025 financial disclosure shows he holds Bitcoin in a Coinbase wallet. The filing lists two Bitcoin entries under other assets and income, each marked as producing capital gains, with combined value roughly between $16,000 and $65,000. No Bitcoin purchases or sales above $1,000 appear in the transactions section. The disclosure says he has at least $3.1 million in cash, retirement investments, and Bitcoin, including five retirement accounts shared with his wife and three bank accounts, one worth over $1 million. The biggest change is that a bank account that previously appeared to hold $15,001 to $50,000 now appears much larger, though the ranges are not directly comparable. The report also shows he sold most individual stocks in 2025, including defense and tech names, and shifted into index funds. It lists two large mortgages on a personal residence.
