Toby Doeden: A bitcoin evangelist and anti-property-tax crusader who wants to be governor

By: Joshua Haiar

Outlets: South Dakota Searchlight

Published: July 16, 2026

Words: 2,878

Last Updated: 5 days, 12 hours ago


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Toby Doeden says he was born into poverty but climbed out of it through salesmanship, risk-taking and the force of his personality. He thinks those same traits could rescue South Dakota, a state he says needs saving.

The 51-year-old Republican businessman, landlord, developer, entrepreneur and bitcoin investor has put at least $4 million of his own money into his campaign for governor, according to campaign finance reports. It’s his first run for elected …

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