Defense Secretary Pete Hegseth has reported more than $1 million in an account that he previously listed as holding no more than $50,000, according to his newly released annual financial disclosure.An account labeled “U.S. bank #2” held between $15,001 and $50,000 in his 2024 nominee disclosure. The account listed under the same label in his annual report holds more than $1 million. The filings do not explain the change.Hegseth and his wife, Jennifer, reported at least $3.1 million in cash, retirement investments and bitcoin combined, according to CNBC. Their retirement investments alone are listed at roughly $2.05 million to $4.35 million. That is a combined household range: Pete Hegseth’s listed retirement investments total roughly $500,000 to $1.25 million, while Jennifer Hegseth’s total roughly $1.55 million to $3.1 million.Related: ‘High T’ Pete Hegseth’s approval rating hits embarrassing lowThe testosterone-focused Cabinet member also reported two bitcoin holdings in a Coinbase wallet. Together, they are valued at between $16,002 and $65,000.The disclosure lists consulting income associated with the conservative America First Policy Institute, Watchtower, and the New York law firm Morrison Cohen under Jennifer Hegseth’s employment and income section. Annual financial disclosures list assets in broad ranges. Because the account valued at more than $1 million has no stated upper limit, the filings cannot establish Hegseth’s precise net worth or whether it has increased since he joined the administration.Related: Pete Buttigieg calls Pete Hegseth ‘unfit to lead’ after second bombshell Signal chat leak revelationThe disclosure became public weeks after NBC News reported that Hegseth had discussed a possible 2028 presidential run with people close to him. Hegseth called the report “100 percent false.” A Quinnipiac University poll released this month found that 32% of voters approved of his performance and 57% disapproved amid the war with