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Investors In Trump Crypto Ventures Are $4.7 Billion Underwater: Report

A new report by advocacy group Public Citizen says that investors who put money into President Donald Trump’s cryptocurrency ventures are $4.7 billion U.S. underwater.

At the same time, Trump himself has earned at least $1.4 billion U.S. from the crypto ventures he has gotten involved with since returning to the White House in 2025.

Public Citizen said the figure is largely made up of unrealized losses, meaning the assets have declined in value but have not necessarily been sold. The losses are largely on paper.

The report says that the calculation also includes some realized losses where trading data allowed Public Citizen to measure them.

The biggest losses for investors have been seen in President Trump’s memecoin (CRYPTO: $TRUMP) that he launched in January 2025, three days before his inauguration.

The Public Citizen report estimates that about one million of roughly 1.6 million digital wallets that bought the Trump memecoin are underwater by a combined $3.2 billion U.S.

The TRUMP memecoin reached an all-time high of $73.43 U.S. in January 2025 before falling to $2.73 U.S. currently.

Public Citizen said early buyers of the Trump coin captured most of the gains, with wallets that purchased during the token’s first two days of release accounting for nearly 90% of gains.

The report says that Trump’s earnings on his memecoin have turned out to be “all profit” for the U.S. president.

Investors have also lost considerable money on Trump’s other crypto vehicles that include World Liberty Financial (CRYPTO: $WLFI), Trump digital trading cards, and Trump Media’s Bitcoin (CRYPTO: $BTC) treasury accounts.

The stock of Trump Media & Technology Group (NASDAQ: $DJT) has declined 45% over the last 12 months to trade at $9.76 U.S. per share.