How much Bitcoin does Defense Secretary Pete Hegseth own? Here are some clues

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Defense Secretary Pete Hegseth‘s investments in recent times have now been disclosed and that is saying a lot for those who are attached to digital assets. According to a Benzinga report, Pete Hegseth‘s investments include a whopping $5,000 and $15,000 worth of investment in Bitcoin.

Pete Hegseth’s open support for Bitcoin and crypto

Hegseth has been rather supportive of digital asset investment and has even embraced the idea of new US President Trump ‘making Bitcoin great again’, during a statement by the Defense Secretary in November. Financial records of Pete Hegseth show that he has made roughly $5 million in the past two years, especially due to his speaking roles, and his Fox News segment. Apart from his Bitcoin investments, he has also made steady revenue from a rental property, says Benzinga.

Bitcoin makes for a small share of Hegseth’s investments

Pete Hegseth has, on multiple occasions, embraced the concept of cryptocurrency and how it is aloof from government control. According to his own words, Bitcoin is a lot tougher to stop than one may think and is one of the leading pills of digital currency adoption.
With his new role as the Defense Secretary, Pete Hegseth becomes one of those highest-ranking US officials in the Trump administration to hold Bitcoin in his investment portfolio. However, his Bitcoin stakes are just a fraction of his multimillion-dollar portfolio.

FAQs:

Does Pete Hegseth own cryptocurrency?
Yes, new US Defense Secretary Pete Hegseth owns thousands of dollars worth of Bitcoin at the moment.

Is Pete Hegseth the new US Defense Secretary?
Yes, Pete Hegseth is now the new Defense Secretary of the United States.

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