How Crypto Correction Wiped Out $1.1B from Trump's Fortune

When Bitcoin stumbles, the shockwaves ripple across the entire crypto ecosystem—and Trump’s portfolio is no exception. His estimated net worth has contracted by $1.1 billion since September, slipping from $7.3 billion to $6.2 billion as the value of Trump Media and Technology Group (TMTG) stock hit historic lows this week.

The Stock Slide Explained

The ticker symbol DJT, representing TMTG’s public shares, touched $10.18 on Friday—hovering near all-time lows. This steep correction mirrors the broader cryptocurrency market downturn, where Bitcoin and alternative tokens have faced significant selling pressure. For Trump, whose wealth narrative has been heavily tied to his social media and technology ventures, the timing couldn’t be worse.

Why TMTG Matters to Trump’s Balance Sheet

TMTG isn’t just another tech company—it’s become central to Trump’s net worth calculation. Back in September, his wealth had surged by $3 billion year-over-year, positioning him at No. 201 on the Forbes 400 rankings (a jump of 118 positions from 2024). That momentum was fueled primarily by crypto-related holdings, particularly his involvement in the World Liberty Financial ecosystem.

World Liberty Financial: The Tokenomics Play

Trump and his three sons co-founded World Liberty Financial, a decentralized finance platform that went live in September 2024. The project minted 100 billion WLFI tokens, allocating 22.5 billion to DT Marks DEFI LLC—a company where Trump holds a 70% stake.

Here’s where it gets interesting: WLFI debuted at an impressive $0.31 per token but has since contracted to $0.17, representing a substantial markdown from its initial peak. The protocol’s tokenomics include a vesting schedule that locks founder allocations for an extended period, meaning Trump’s 22.5 billion token position remains illiquid and can’t be cashed in immediately. This illiquidity acted as a double punch—both preventing upside realization and trapping value as prices declined.

The Broader Crypto Context

This $1.1 billion fluctuation underscores a fundamental reality: when you accumulate wealth primarily through crypto and crypto-adjacent ventures, volatility becomes your constant companion. The recent market correction that pressured Bitcoin has simultaneously compressed valuations across the entire digital asset class, including equity in tech companies dependent on crypto momentum.

For investors tracking Trump’s portfolio movements, the real question isn’t whether these losses are permanent, but whether the next market cycle can rebuild momentum for both TMTG and World Liberty Financial.