Here's your Forbes Daily Briefing, bonus story of the week.

Today on Forbes, Trump is now one of America's biggest Bitcoin investors.

Looking at Donald Trump's finances, it's easy to miss one of his most important assets, Bitcoin.

The cryptocurrency appears nowhere on the financial disclosure the president files

with the government. It is not listed among the holdings identified on the Trump organization's

website. And it does not show up in other reports of his assets. But make no mistake, Trump holds a

major position in the digital currency, amounting to an estimated $870 million

as of the morning of October 10th, enough to make him one of the largest Bitcoin investors

on the planet. The reason Trump's investment is so hidden? He holds it indirectly,

through his stake in the business that operates Truth Social, the Trump Media

and Technology Group, which does appear on his balance sheet. Trump Media attracted a multi-billion

dollar valuation trading on the NASDAQ despite generating less than $4 million of annual revenue,

then pivoted to crypto earlier this year. In May, it raised $2.3 billion by taking on a pile of debt

and selling its overvalued stock. Then, in July, it snatched $2 billion of Bitcoin.

The stock sales diluted Trump's stake in the company from 52% to 41%. As of the morning of October 10th, the price of Bitcoin had increased about 6% since Trump

media's big bet.

That leaves the president with 41% of an estimated $2.1 billion stockpile, enough to make

his personal share roughly $870 million.

Note that these figures were calculated just hours before last Friday's brief but dramatic crash in the price of Bitcoin that saw the cryptocurrency slide more than 10% before rebounding slightly.

There are only a handful of other billionaires who appear to own more Bitcoin than Trump.

The Winklevoss twins could have over $8 billion if they haven't sold off any in recent years.

Michael Saylor, who pioneered the Bitcoin Treasury strategy Trump Media is now copying,

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