The crypto world, once soaring like an eagle on a caffeine binge, has now plummeted faster than a lead balloon. With the market value dropping from a staggering $4.3 trillion to a humble $3 trillion, the recent nosedive has left many investors scrambling for their financial safety nets. But none have been hit harder than the Trump family. The once mighty fortune has taken a $1 billion hit over the past month, leaving the Trumps with a meager $6.7 billion, down from $7.7 billion in September. Oh, how the mighty have fallen! 🤭
Trump Family’s Crypto Portfolio: From Gold Mine to Minefield 💥
The Trump family’s crypto assets have been as volatile as a toddler on a sugar high. From President Trump’s very own memecoin, TRUMP (yes, you read that right), to Eric Trump’s Bitcoin mining firm, American Bitcoin (ABTC), and of course, Truth Social-everything tied to Bitcoin seems to be in a tailspin. Who could have predicted? Everyone, actually.
Of course, the crown jewel in this crypto fiasco is Trump Media & Technology Group (TMTG), the parent company of Truth Social. After shares hit a record low, Trump’s stake took a brutal $800 million dive. The company, which thought it was sitting pretty with $2 billion worth of Bitcoin, now watches as its stockpile of 11,500 BTC-purchased at a cool $115,000 each-has lost a quarter of its value. Ouch. 💔
Meanwhile, World Liberty Financial (WLFI), which was once the Trump family’s crypto darling, is now down to about $0.15 a token, a far cry from its peak value of $0.26. At one point, WLFI was worth $6 billion, but today it’s hanging on to just over $4 billion. Talk about a fast-track to Realityville. 😬
But don’t worry! A spokesperson for WLFI assured us, “Crypto is here to stay.” Of course, in true optimistic fashion, they’ve pinned their hopes on the long-term potential of digital assets. Because nothing says “stable” like digital assets that fluctuate faster than a rollercoaster. 🎢
Eric Trump’s Optimistic Spin: ‘Great Buying Opportunity’ 🤑
Despite the crypto carnage, Eric Trump remains as hopeful as a kid on Christmas Eve. After his return to office in January, he and his brother Donald Jr. teamed up with Hut 8 Corp, a crypto company that mines Bitcoin. In exchange for their collaboration, they scored a controlling interest in American Bitcoin Corp, a newly formed company that’s about as solid as sand in a hurricane. Eric himself holds a modest 7.5% stake. 🏆
Unfortunately, the Hut 8 stock, which was once valued at $9.31, has now tanked by nearly 50%, wiping out $300 million of Eric’s wealth since September. No biggie, though, because Eric, the ever-optimistic investor, believes that “the current downturn could be a great buying opportunity.” Sure, Eric, and maybe those were ‘opportunities’ when Bitcoin was worth a mere $80,000. But who’s counting? 😅
Meanwhile, Bitcoin has made a modest recovery, climbing back up to $88,430 after dipping to $80,000 last Friday. At least it’s not dead yet, just a little bruised. But with Bitcoin still hovering around 30% below its all-time high of $126,000, it seems like the wild ride isn’t over. 🎢🚀
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2025-11-25 11:37