Defense Secretary Pete Hegseth Reports Up to $65,000 in Bitcoin Holdings

U.S. Defense Secretary Pete Hegseth reported holding between $16,000 and $65,000 in Bitcoin across two Coinbase wallet entries, according to his 2025 financial disclosure certified by the Office of Government Ethics. The position generated between $2,702 and $6,000 in capital gains during 2025, with no transactions exceeding the $1,000 reporting threshold. Overall, Hegseth disclosed at least $3.1 million in cash, retirement investments, and Bitcoin. The filing reflects a broader portfolio restructuring that included divesting individual defense and technology stocks and purchasing between $1.41 million and $3.05 million across 16 exchange-traded funds.