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U.S. Secretary of Defense Peter Hegseth holds more cash than he does bitcoin.
That’s according to his newly released 2025 annual financial disclosure, which shows he has between $16,000 and $65,000 in the leading cryptocurrency while a bank account holds $1 million in cash.
Hegseth, who was appointed Defense Secretary in January 2025, is part of the most crypto-friendly administration the U.S. has had.
President Donald Trump was backed by digital asset industry bigwigs and last month pushed for landmark crypto legislation, the Clarity Act, to pass.
Hegseth’s Office of Government Ethics filing also showed that he and his wife have retirement accounts containing investments…
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