Hegseth Reveals Bitcoin Holdings in Latest Financial Disclosure
Defense Secretary Pete Hegseth holds Bitcoin in a Coinbase wallet, according to his latest annual financial disclosure. The filing, covering 2025 and released by the Office of Government Ethics, lists two separate entries for Bitcoin under 'other assets and income'. One entry is valued at between $15,001 and $50,000, while the other is worth between $1,001 and $15,000.
The combined holding sits somewhere between about $16,000 and $65,000. The income type for both entries is listed as capital gains. Neither entry appears in the report's transactions section, which captures purchases and sales above $1,000 during the reporting period.
Hegseth did not buy or sell Bitcoin above that threshold across the year. The holding is a small part of the picture, with the filing showing at least $3.1 million in cash, retirement investments, and Bitcoin.