Pete Hegseth, the United States Secretary of Defense, has disclosed assets totaling at least $3.1 million in cash and investments, according to his public financial disclosure filing. The filing lists Bitcoin among his reported holdings, placing the position's value within a range of $16,000 to $65,000, as reported by Cointelegraph.

The disclosure provides a public view of Hegseth's reported financial holdings, which span both traditional investments and cryptocurrency, with the Bitcoin position representing one component of the assets listed in the filing. For cabinet-level officials, these filings are among the few public records that itemize personal finances, making them a recurring reference point for how senior officials hold assets.

Bitcoin Valued Within Standard Disclosure Ranges

Financial disclosure forms filed by senior U.S. government officials generally report asset values in ranges rather than exact figures. Range-based reporting is standard practice for such filings, with filers selecting the value bracket that contains each asset's worth under the government's ethics rules. As a result, the filing assigns Hegseth's Bitcoin a valuation of between $16,000 and $65,000 rather than a precise dollar amount.

The reported Bitcoin valuation represents only one part of Hegseth's broader financial portfolio, which also includes cash and other investments.

Filing Offers Snapshot of a Senior Official's Assets

The disclosure forms part of the public financial reporting requirements that apply to senior U.S. officials. Such filings are intended to provide transparency around officials' financial interests while allowing asset values to be reported within prescribed ranges. That transparency gives ethics officials and the public a basis for reviewing whether an official's financial interests could intersect with official duties.

The inclusion of Bitcoin places the cryptocurrency alongside more conventional financial assets in Hegseth's reported portfolio. The disclosure does not, by itself, indicate when the Bitcoin was acquired, nor does it provide enough information to establish the exact number of BTC held.

The $16,000 to $65,000 range should therefore be understood as the value assigned to the holding within the disclosure rather than as a current market valuation. Any updates to the picture presented in a filing come through subsequent periodic filings or amendments within the same disclosure system.

Bitcoin Listed Alongside Broader Investments

The disclosure comes as Bitcoin increasingly appears in the financial filings of individuals holding positions in digital assets. In Hegseth's case, the figures show that Bitcoin constitutes a specific component of the broader assets identified in the filing.

The $3.1 million figure refers to the minimum value of the disclosed cash and investments, while the Bitcoin holding is reported separately within the filing's asset categories. Because some assets are disclosed using ranges, the filing does not establish an exact total value for all of Hegseth's holdings. The filing therefore sets a floor for Hegseth's disclosed wealth rather than a definitive total.

According to the information reported by Cointelegraph, the value of Hegseth's disclosed Bitcoin remains between $16,000 and $65,000.