Trumps gained billions selling crypto and company shares, Peter Schiff argues

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Yaroslav Dmytrenko

12 hours ago

Trumps gained billions selling crypto and company shares, Peter Schiff argues — Trumps made billions from crypto sales

Peter Schiff, CEO and Chief Global Strategist of Euro Pacific Capital, states that the Trumps generated billions by selling crypto and shares in companies associated with U.S. President Donald Trump to the public.

He claims these profits resulted not from value creation but from losses incurred by investors who bought the overpriced assets, suggesting that many purchasers expected negative outcomes from their investments.

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Schiff has previously highlighted losses for investors in related markets. In an earlier note, he observed that STRC traded at 93.5, leaving early investors down 6.5%. He also argued that Strategy shares fell below $85.50, trading at a discount to their underlying Bitcoin value.

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