Key Takeaways
Vance’s Bitcoin holdings are valued between $250,000 and $500,000
His fortune is significantly higher than the median US household net worth
J.D. Vance, Donald Trump’s vice presidential pick, holds between $250,000 and $500,000 in Bitcoin, according to federal disclosure forms filed in August, first reported by CBS News
His BTC holdings have doubled since his previous disclosures. In a 2022 report filed with the US Senate, he declared owning between $100,001 and $250,000 through Coinbase
While Vance’s wealth—estimated between $4.8 million and $11.3 million—is modest compared to Trump’s billion-dollar fortune, it surpasses the median US household net worth of $193,000, according to the report
Vance’s largest asset is a Charles Schwab account, estimated to be worth between $2.3 million and $7.7 million, which includes a stake in the Invesco QQQ Trust valued between $1 million and $5 million. In addition, he owns real estate in Washington, D.C. and has a stake in his venture capital fund, Narya Capital Fund I
His financial disclosures reveal other holdings, including checking and savings accounts at Marcus Goldman Sachs and the Navy Federal Credit Union, as well as a SEP-IRA account valued between $100,000 and $250,000
He also has a mortgage and a line of credit as liabilities, along with earning royalties from his memoir “Hillbilly Elegy”
Senator J.D. Vance was chosen by Trump as his vice-presidential candidate in July. Analysts suggest that his selection could lead to crypto-friendly policies in the US under a Trump administration
The Ohio senator’s substantial Bitcoin holdings reflect his support for digital currencies and their growing role in the financial landscape