How Trump Made $10 Million: A Look at His Crypto-Related Earnings?
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How Trump Made $10 Million: A Look at His Crypto-Related Earnings?
A net worth of 4.5 billion, earned from crypto assets, feels like picking up a dollar off the ground.
Navigating Web3 tides with focused insightsAuthor: shushu
Since Biden's withdrawal from the race, the U.S. presidential election has entered a new phase of public discourse. The Financial Times reports that Harris’s digital ad spending has reached ten times that of Trump, primarily focused on tech platform campaigns. Additionally, during Trump and Musk’s conversation on the evening of August 12 local time, Trump notably avoided discussing cryptocurrency, disappointing market expectations. Currently, Polymarket shows Harris’s odds of winning exceeding Trump’s by 10%.
If there is one topic dominating the crypto space in 2024, it is undoubtedly the U.S. presidential election—spawning meme coins, reacting to every political figure’s statement, and single-handedly revitalizing prediction markets. At the center of this storm is former President Donald Trump, who has transformed from a crypto-skeptic politician into a vocal supporter of Bitcoin and a leading presidential candidate. Cryptocurrency has become a key new pillar of Trump’s 2024 campaign.
In June, Trump hosted a dinner at Mar-a-Lago with around a dozen senior executives and experts from the Bitcoin mining industry. Attendees described him as curious and collaborative, according to CNBC. Entry to this event required ownership of a Trump NFT. Last month, Trump delivered a keynote speech at the Bitcoin 2024 conference in Nashville, pledging that if re-elected, he would make America “the crypto capital of the world and the global Bitcoin superpower.”
Forbes estimates Trump’s net worth at $4.5 billion. His latest financial disclosure revealed $7.15 million earned from NFTs, along with at least $1–5 million in other crypto assets. Below is BlockBeats’ analysis of how much Trump has earned through cryptocurrency based on public addresses and available data.
Political Donations: Total $5 Million
In May, Bloomberg reported that the crypto industry had contributed $94 million to the 2024 U.S. election—the highest on record—with most funds coming from political action committees (PACs). On May 21, Trump’s presidential campaign announced it would begin accepting cryptocurrency donations, making him the first major-party U.S. presidential candidate to do so.
Currently, two fundraising committees are accepting crypto donations for Trump’s campaign: the Trump National Committee JFC, Inc. and the Trump 47 Committee.
Public Donation Addresses
According to Arkham intelligence, Trump’s public wallet currently holds over $3.4 million in crypto assets—down more than 80% from its peak this year.
The address once held up to $18 million in value, driven largely by surges in Trump-related meme coins.
Trump National Committee
According to Trump’s campaign website, 90% of donations to the Trump National Committee go toward Donald J. Trump’s 2024 presidential campaign (up to $3,300), while 10% goes to the Republican National Committee (RNC) (up to $413,000).
Coinbase Commerce, Gemini, and Anedot are processing on-chain donations to the Trump National Committee. Below are the associated crypto addresses:
Coinbase address:
0XE7E1AE3800B9D32751BBB3C2D0CE030F829AEF77
Gemini addresses:
18UI9MKKLG5AZTHLOKFZLXMBXUJ8KMFWDN
0X42E10319C944C5FB7FCD76BFFB0DD3C3DEB605D8
0X18C8314C9BD4A378E4D612873A1899378EDD671D
Anedot address:
3EFBD4KDPCEK7HOBUKOXJR2TERJCKBMELK
To date, crypto donations via platforms like Gemini and Anedot have been minimal.
Trump 47 Committee
The Trump 47 Committee is a joint fundraising committee authorized by Trump for President 2024, Inc., Save America PAC, the Republican National Committee (RNC), and over 40 state-level Republican federal accounts.
The maximum individual contribution to the Trump 47 Committee is $844,600. Contributions are allocated as follows:
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The first $3,300 goes to Trump’s presidential primary account
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The next $3,300 goes to Trump’s general election account
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The next $5,000 supports Save America
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The next $413,000 goes to the RNC
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The remainder is distributed among state Republican parties
For example, on June 21, Gemini co-founders Cameron and Tyler Winklevoss donated approximately $1 million worth of Bitcoin (15.47 BTC) to Trump’s campaign. This exceeded the legal limit of $844,600 per donor, resulting in a refund of $310,800.
According to OpenSecrets, as of June 30, the top 10 PACs supporting Trump had raised about $255.9 million—though much of this came from traditional finance and fiat donations.
Trump’s second-quarter FEC filing revealed several prominent crypto figures who donated via cryptocurrency, including the Winklevoss twins, Kraken co-founder Jesse Powell, Ripple’s Chief Legal Officer Stuart Alderoty, BitGo CEO Michael Belshe, and Messari CEO Ryan Selkis, contributing nearly $2.9 million in crypto assets. According to breadcrumbs data, since beginning BTC donations in May 2024, at least $1.8 million in BTC has been donated to Trump’s campaign.
Beyond blockchain data and FEC filings, the full scope of Trump’s fundraising remains unclear. However, the campaign will submit updated FEC disclosures revealing quarterly totals, allowing further analysis of crypto’s share of overall donations.
NFT "Trump Card" Series Revenue: $7.15 Million Total
Trump’s latest financial disclosure reveals not only holdings of $1–5 million in Ethereum-based crypto assets but also over $7.15 million earned from three NFT collections. His wife Melania also earned over $330,000 from digital trading card sales and NFT royalties. In July, Trump announced plans to launch another NFT series.
In December 2022, Trump launched his first NFT collection, “Trump Digital Trading Cards,” priced at $99 each, which sold out within a day.
Historical price chart of Trump Digital Trading Cards
In 2023, Trump released two additional NFT series: “Trump Digital Trading Cards Series 2” and the “Mugshot Edition,” offering perks such as access to Trump dinners and signed memorabilia.
Historical price chart of Trump Digital Trading Cards Series 2
Historical price chart of Mugshot Edition
OpenSea data indicates that the first two NFT series were more popular, with total trading volumes of 15,812 ETH and 22,080 ETH respectively. Since all sales include a 10% creator royalty, the first collection generated $19 million in sales. After deducting OpenSea’s 2.5% fee, Trump earned $1.425 million from royalties alone.
The exact amount Trump personally profits from these NFTs remains unclear, as neither the former president, his PAC, nor his campaign team was directly involved in designing or minting them. Instead, they were produced by a company called NFT INC LLC.
Trump earned $4.9 million from a licensing agreement with NFT INT LLC, the company behind the Trump NFT series, which has collected millions in sales and royalties. NFT INT LLC states on its website that it is an independent entity: “NFT INT LLC is not owned, managed, or controlled by the Trump Organization or Donald J. Trump. NFT INT LLC uses the name, likeness, and image of Donald J. Trump under a paid license from CIC Digital LLC.” According to disclosures published by CREW, Trump is listed as manager, president, secretary, and treasurer of CIC Digital LLC.
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