Pete Hegseth is down this much on his Bitcoin bet since assuming Defense Sec. role
Under fire, U.S. Defense Secretary Pete Hegseth has seen his Bitcoin (BTC) investment plunge by over 15% since taking on his government role. At the time of his swearing-in on January 25, 2025, Bitcoin was trading at $104,824. However, the asset has dropped to $88,402 as of press time on April 22, reflecting a 15.6% decline. Bitcoin YTD price chart. Source: Finbold Hegseth’s financial disclosures revealed that he holds between $15,001 and $50,000 in Bitcoin. Pete Hegseth’s financial disclosure excerpt. Source: U.S. government With Bitcoin dropping by 15.6%, assuming a lower-end investment of $15,001, his portfolio is now valued at approximately $12,650, down about $2,350. If he held the maximum investment of $50,000 in the digital currency, his portfolio could be valued at around $42,162, reflecting a loss of approximately $7,837. Hegseth’s Bitcoin support Hegseth, currently under scrutiny for Signal chat leaks and alleged mishandli...