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U.S. defense secretary discloses bitcoin holdings up to $65,000 on Coinbase

U.S. Defense Secretary Pete Hegseth disclosed holding bitcoin worth about $16,000 to $65,000, according to his 2025 annual financial disclosure cited by a blockchain media outlet. The filing lists two bitcoin entries held in a Coinbase wallet and labels the income type as capital gains. No bitcoin trades above $1,000 were separately identified for 2025. His larger holdings include cash in bank accounts and $2.05 million to $4.35 million in retirement investments.