The first half of 2025 has been pivotal for the cryptocurrency market, adding over 26,000 new Bitcoin millionaires while President Donald Trump's portfolio faced significant losses.
Bitcoin Creates Over 26,000 Millionaires
According to data from Finbold, over 26,758 Bitcoin wallets crossed the $1 million mark between January and June 2025, bringing the total number of Bitcoin millionaires to 182,327 by June 30, 2025. A robust second quarter and Bitcoin's halving in April played a critical role in this spike, lowering block rewards from 6.25 to 3.125 BTC, which led to rising prices. On May 22, Bitcoin reached a high of $111,970, creating new wealth for long-term holders and institutional investors.
Trump's Portfolio Decline
In contrast to Bitcoin's rise, President Trump's crypto portfolio suffered severe losses. He started the year with approximately $10.16 million in crypto assets, but by the end of June, that value dropped to just $2.20 million, representing a loss of over 78%. Most of the decline occurred in the first quarter, with his holdings falling to $1.96 million by March. A minor recovery added back around $240,000 in Q2. The largest holding in Trump's wallet was the meme coin TROG, valued at over $800,000.
New Legislation and Investment Strategy
In contrast, World Liberty Financial (WLFI), a DeFi platform backed by Trump's family, saw significant growth of 115%. Meanwhile, discussions surrounding new legislation are taking place. On June 23, Senator Adam Schiff introduced the COIN Act, which aims to prevent government officials and their families from profiting off crypto investments. If passed, this law would require them to disclose all digital assets in their financial filings, potentially impacting Trump's family's involvement in WLFI.
The first half of 2025 has illustrated that structured investment strategies are more effective than speculative meme coin plays. As Bitcoin continues to mature and regulations tighten, even high-profile investors may need to reevaluate their investment approaches.