Kash Patel Confirmed as FBI Director

Kash Patel is now officially the director of the FBI. The Senate confirmed him Thursday in a 51-49 vote, delivering a major win for Donald Trump, who has spent years clashing with the agency. Every Senate Democrat voted against Kash. Susan Collins of Maine and Lisa Murkowski of Alaska, both Republicans, also opposed his nomination.

> “Mr. Kash’s recent political profile undermines his ability to serve in the apolitical role of Director of the FBI,” said Collins before the vote. However, this was not enough to stop him. Kash has built a reputation as one of Trump’s fiercest defenders.

Kash’s Bitcoin Holdings and Financial Disclosures

Kash’s financial records show a somewhat unusual portfolio for an FBI director. He disclosed up to $115,000 in a Bitcoin ETF, along with up to $250,000 in Core Scientific, a major Bitcoin mining company.

The FBI already holds a massive stash of Bitcoin, primarily acquired through seizures tied to criminal cases, such as dark web busts, fraud schemes, and hacks. As of now, the FBI is sitting on 213,297 Bitcoin, making it one of the biggest BTC holders globally. Some notable seizures include 144,000 BTC from Silk Road in 2013, 50,676 BTC from Jimmy Zhong, and 95,000 BTC from the Bitfinex hack. While the US Marshals Service auctions most of it off, the FBI remains deep in crypto.

Kash’s financial disclosure also details millions in stock holdings. He owns up to $5 million in EliteDepot, a fashion and skin care retail company, and up to $250,000 in NVIDIA, a leading chipmaker. His assets include up to $250,000 in VK Integrated Systems, a tactical gear company associated with defense and law enforcement contracts.

Beyond investments, Kash generated income from media and publishing. He received $165,000 from Performance One Media, $99,000 from Epoch Times, and $57,000 from speaking engagements at events like Our Watch, the Libertarian National Committee, and Citizens Defending Freedom. His book deals—including “Government Gangsters” and the “Plot Against the King” series—brought in between $145,000 and $1.2 million.

Kash agreed to step down from many positions as part of his FBI role, leaving Trump Media and Technology Group, the Kash Patel Foundation, and Epoch Times. However, several of his consulting businesses, Trishul LLC and Dal Forno LLC, will remain inactive instead of being dissolved. His consulting work connected him to key Trump allies, working with Hope Hicks’ company, Cavender Consultants, Robert O’Brien’s American Global Strategies, and Trump’s Save America PAC.