Defense Secretary Pete Hegseth Holds Bitcoin in Personal Coinbase Wallet

Bitcoin Coinbase Wallet — U.S. Secretary of Defense Pete Hegseth holds Bitcoin in a personal Coinbase account, according to his 2025 financial disclosure filing made public on Thursday.

The filing indicates the holding has an estimated value between $16,000 and $65,000. The disclosure form requires officials to report asset values within broad ranges, not specific amounts. Alongside his Bitcoin, Hegseth reported holding over $1 million in cash, cash equivalents, and retirement accounts.

The annual ethics disclosure shows Hegseth held the cryptocurrency assets as of the end of 2025. The filing marks a notable example of a sitting cabinet-level official publicly acknowledging direct ownership of Bitcoin. Such disclosures are mandated by federal ethics laws to provide transparency into officials’ personal finances.

His holding, stored in an account with the major U.S.-based exchange Coinbase, reflects the continued mainstream adoption of digital assets at the highest levels of the U.S. government. The disclosure was published by the Office of Government Ethics.