Hegseth’s Bitcoin earned up to $6,000 in capital gains in 2025, his OGE filing shows
- Hegseth’s Coinbase-held Bitcoin produced $2,702 to $6,000 in capital gains in 2025, his OGE filing shows.
- The filing values the Bitcoin at about $16,000 to $65,000 across two entries.
- No Bitcoin trade above $1,000 appears in the report’s transactions section.
Defense Secretary Pete Hegseth’s Bitcoin on Coinbase generated between $2,702 and $6,000 in capital gains in 2025, his annual disclosure shows.
The report was certified Sept. 18 by the Office of Government Ethics.
Two Coinbase entries put the stake at $16,000 to $65,000
The form divides the coin into two lines in a single Coinbase wallet. A stake of $15,001 to $50,000 generated gains of $2,501 to $5,000, while a stake of $1,001 to $15,000 yielded gains of $201 to $1,000.
Together, the two lines put Hegseth’s Bitcoin somewhere between about $16,000 and $65,000.
Part 7 breaks down each trade over $1,000. There is no Bitcoin trade in there. Sales of $1,000 or less do not require itemization.
Hegseth signed the report on May 14. An ethics official at the Defense Department cleared it in August, before OGE’s own sign-off.
Lockheed, Northrop, and Honeywell stakes were sold weeks into the job
Part 7 is mostly stock selling. Weeks into the job, Hegseth sold shares in Lockheed Martin, Northrop Grumman and Honeywell, each valued between $1,001 and $15,000, as well as holdings in KKR and Blackstone valued between $15,001 and $50,000, on Feb. 7, 2025.
He sold shares of Apple, Alphabet, Amazon, Microsoft, and Oracle on March 24. His largest individual purchases were in index funds, buying between $100,001 and $250,000 each of SPY and QQQ on Feb. 24.
The form has more than $1 million in one U.S. bank account.
He has two mortgages on his house, each ranging from $1,000,001 to $5,000,000. The one taken out in 2025 carries an 8.5% rate.
President Trump said he made $1.4 billion from digital assets through 2025, Cryptopolitan reported this week.
Trump’s own OGE filings in May showed repeated purchases of Coinbase and Strategy shares, Cryptopolitan reported.
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FAQs
How much Bitcoin does Pete Hegseth hold?
His filing lists Bitcoin worth about $16,000 to $65,000, split across two entries in one Coinbase wallet.
How much did the Bitcoin earn in capital gains?
Between $2,702 and $6,000 in 2025, combining a $2,501 to $5,000 entry and a $201 to $1,000 entry.
Did Hegseth buy or sell any Bitcoin during the year?
No Bitcoin trade above $1,000 appears in the filing, the threshold for itemizing transactions.
Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.
Randa Moses
Randa Moses is an editor and reporter at Cryptopolitan covering tech, AI, robotics, crypto, scams, and hacks. She has worked in the crypto space since 2017. She held roles at Forward Protocol, AmaZix, and Cryptosomniac. Randa holds a degree in Electrical and Electronics Engineering from the University of Bradford.
