Trump’s Treasury Pick Scott Bessent Reveals Up To $500,000 Bitcoin Stake, $521M In Assets

Scott Bessent, President-elect Donald Trump‘s nominee for Treasury Secretary, has disclosed owning between $250,001 and $500,000 in the iShares Bitcoin Trust ETF (NASDAQ:IBIT), according to financial documents released Saturday by the U.S. Office of Government Ethics.

What Happened: The disclosure comes as Bitcoin (CRYPTO: BTC) trades near $94,227, following a pullback from its December peak of $108,135. BTC has drawn increased attention amid expectations of crypto-friendly policies under the incoming Trump administration.

Bessent, founder of Key Square Capital Management, reported total assets worth at least $521 million, though the actual value could be substantially higher due to broad reporting ranges. His largest holdings include positions …

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