Trump Earned $1.2 Billion From Crypto in 2025
A sitting US president earning over $1 billion from crypto ventures while signing crypto-friendly legislation raises unprecedented conflict-of-interest questions and is the largest personal financial disclosure story of the Trump presidency. Directly relevant to US policy and markets.

The Morning Brief · July 1, 2026 · Based on reporting by AP News
President Donald Trump earned nearly $1.2 billion from crypto businesses in 2025, according to his annual financial disclosure released this week. The 927-page filing covers his first full year back in office -- and it's not close. Crypto income far exceeded earnings from real estate and Trump-branded merchandise.
The disclosure also reveals more than $100 million in personal Bitcoin holdings, alongside his public company's previously announced Bitcoin investment strategy. Ethics watchdogs say no sitting president has ever disclosed personal financial stakes of this scale in an industry they were simultaneously regulating. Trump signed crypto-friendly legislation during the same period he was collecting crypto income -- a conflict-of-interest question with no modern precedent.
Sources
AP News — Trump filing shows he took in about $1.2 billion from crypto businesses last year
President Donald Trump took in nearly $1.2 billion from his crypto businesses last year, a federal filing released Monday shows.
BBC World — Trump made more than $1bn from crypto in first year back in office
The president's crypto income far outpaces his earnings from real estate and Trump-themed items such as watches.
CNBC Top News — Trump's annual financial disclosure shows more than $580M in crypto-related income
Trump's 927-page financial disclosure report for 2025 details holdings in cryptocurrency and stocks totaling over $580M in crypto income.
Forbes — Trump Reveals More Than $100 Million In Bitcoin Investments
The president's public company made headlines last summer when it announced plans to invest in bitcoin; Trump was also building a personal stash.
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