Defense Secretary Pete Hegseth Holds Bitcoin in a Coinbase Wallet, Filing Shows

In brief

• Pete Hegseth's latest financial disclosure lists Bitcoin held in a Coinbase wallet under two separate entries.
• The reported value ranges put the combined holding between roughly $16,000 and $65,000.
• No Bitcoin purchases or sales appear in the filing's transaction section, which covers trades above $1,000.

U.S. Defense Secretary Pete Hegseth holds Bitcoin in a Coinbase wallet, according to his latest annual financial disclosure, covering 2025 and released by the Office of Government Ethics.

The Bitcoin appears under "other assets and income" as two separate entries inside a single Coinbase wallet, one valued at between $15,001 and $50,000 and the other at between $1,001 and $15,000. Disclosure forms report ranges rather than exact figures, so the combined holding sits somewhere between about $16,000 and $65,000. The filing records the income type for both as capital gains.

$87.2k$84.8k$82.4k$80.1k

24h HighHigh$84,845

24h LowLow$83,329

VolVol$1.5B

Market projectionsOdds by Myriad

Neither entry appears in the report's transactions section, which captures purchases and sales above $1,000 during the reporting period. On the face of the filing, Hegseth did not buy or sell Bitcoin above that threshold across the year.