CoinInsight360.com logo CoinInsight360.com logo
A company that is changing the way the world mines bitcoin

WallStreet Forex Robot 3.0
Finbold 2025-01-17 13:50:59

Here’s how much JD Vance’s Bitcoin investment is up since Trump won

So far, Donald Trump’s re-election has been a major win for the digital assets industry and for cryptocurrency investors, with the January 20 inauguration poised to further the positive trend. Amidst the strong – if sometimes choppy rally – more than just uninvolved bystanders benefited significantly. Indeed, the incoming Vice President, J.D. Vance , is known as something of a Bitcoin ( BTC ) hodler . As Finbold previously reported in July, 2024, Vance might have held up to $250,000 worth of BTC at the time and early November estimates place the stake as high as $500,000 but no lower than $250,000. Shortly ahead of election day, on November 1, Bitcoin was changing hands at about $69,500, which, assuming the upper bound of the estimate is closer to the truth, the Vice President-Elect owned approximately 7 BTC. Here’s how much J.D. Vance made with his Bitcoin investment since November Donald Trump’s re-election led to a substantial rally for the world’s premier cryptocurrency and took its price to highs above $106,000 by December 17. Such a situation meant that Vance’s Bitcoin holding reached an all-time high value of approximately $742,000 on the day. This means that America’s new second man made about $250,000 in a month and a half – a Vice President’s annual salary. Furthermore, despite the New Year Bitcoin price drop and subsequent market struggles, the latest rally to $102,736 – driven by reports that Trump intends to make cryptocurrency a national priority as soon as he assumes office – means that Vance’s BTC holdings are still worth approximately $720,000 – 44% more than on November 1. BTC 6-month price chart. Source: Finbold Trump’s digital assets soar as inauguration day approaches Finally, despite not owning Bitcoin itself – and despite most of his crypto probably coming from teams seeking exposure by interacting with the President-Elect – Donald Trump himself benefited significantly from the digital assets rally. Still, the most interesting facet of his portfolio – and the one that did the most to raise its value from $11 million on January 10 to $17 million on January 17 – is its largest holding, the meme coin Trog (TROG), which enjoyed a 112% rally in the last 7 days. Featured image via Shutterstock The post Here’s how much JD Vance’s Bitcoin investment is up since Trump won appeared first on Finbold .

면책 조항 읽기 : 본 웹 사이트, 하이퍼 링크 사이트, 관련 응용 프로그램, 포럼, 블로그, 소셜 미디어 계정 및 기타 플랫폼 (이하 "사이트")에 제공된 모든 콘텐츠는 제 3 자 출처에서 구입 한 일반적인 정보 용입니다. 우리는 정확성과 업데이트 성을 포함하여 우리의 콘텐츠와 관련하여 어떠한 종류의 보증도하지 않습니다. 우리가 제공하는 컨텐츠의 어떤 부분도 금융 조언, 법률 자문 또는 기타 용도에 대한 귀하의 특정 신뢰를위한 다른 형태의 조언을 구성하지 않습니다. 당사 콘텐츠의 사용 또는 의존은 전적으로 귀하의 책임과 재량에 달려 있습니다. 당신은 그들에게 의존하기 전에 우리 자신의 연구를 수행하고, 검토하고, 분석하고, 검증해야합니다. 거래는 큰 손실로 이어질 수있는 매우 위험한 활동이므로 결정을 내리기 전에 재무 고문에게 문의하십시오. 본 사이트의 어떠한 콘텐츠도 모집 또는 제공을 목적으로하지 않습니다.