Published On 1/7/2026
A new financial disclosure revealed that US President Donald Trump made at least $1.4 billion from cryptocurrency-related projects over the past year, a number greater than the net profits of any listed American digital assets company, according to a Bloomberg report.
The data came within a 927-page financial disclosure published by the US Office of Government Ethics, which announced the availability of the approved annual financial disclosure reports for the President and Vice President on June 30, 2026.
Bloomberg said that income related to encryption was the largest source of income disclosed by Trump, ahead of revenues from hotels, golf courses and other businesses, after the US president changed his previous skeptical stance on cryptocurrencies to become one of the most prominent supporters of the sector.
According to Bloomberg, the proceeds included about $594 million from World Liberty Financial, which Trump and his children co-founded, and about $636 million linked to a meme currency business bearing Trump’s name, in addition to about $197 million from the sale of a stake linked to Stable Coin Holdco.
The agency explained that most of Trump’s income from cryptocurrencies came from one-time sales of digital tokens and ownership shares, and not from recurring operating profits, which makes comparison with listed companies subject to accounting and regulatory differences.
For comparison, Bloomberg said that Coinbase, the most profitable listed American cryptocurrency platform, recorded a net income of $1.26 billion last year according to accounting standards for public companies. In February 2026, Coinbase announced its annual results for 2025, noting that the trading volume on its platform reached $5.2 trillion, an increase of 156% year-on-year.
Political support for the sector
These gains come at a time when the Trump administration has taken a series of supportive steps for the digital assets industry, including signing the GENIUS Act to regulate issuers of stable currencies in July 2025, which is the first federal regulatory framework for this type of currency, according to the White House.
The White House said that the law requires that stablecoins be 100% covered by liquid assets such as the dollar or short-term Treasury bonds, with monthly public disclosures of the components of reserves, and that issuers of stablecoins are also subject to the Bank Secrecy Law and anti-money laundering requirements and sanctions.
Trump’s second term also witnessed a shift in the US Securities and Exchange Commission’s approach towards cryptocurrencies, as the Commission announced in February 2025 that it was dropping its civil lawsuit against Coinbase, saying that the step came in light of the work of a new task force to develop a clear and comprehensive regulatory framework for crypto-assets.
Committee Commissioner Hester Pearce said at the time that dropping the case reflects her rejection of the previous approach based on using enforcement tools to regulate the cryptocurrency industry, considering that setting rules for new industries should be through the relevant regulatory paths and not through judicial cases.
In October 2025, Trump pardoned Changping Zhao, founder of the Binance platform, after he had admitted in 2023 to violating the banking secrecy law in the United States, according to American press reports.
Gains amid market decline
Trump’s significant gains came while the cryptocurrency market was subjected to a violent selling wave in October 2025, as on October 10, the market witnessed the largest liquidation wave in its history, with more than $19 billion being erased from leveraged positions within 24 hours, according to Coinglass data reported by CoinDesk.
Bloomberg said that some companies in the sector suffered losses after this wave, especially cryptocurrency mining companies that expanded their investment spending in light of the shift towards artificial intelligence, and digital asset trading platforms that were affected by the slowdown in trading activity.
The agency added that Strategy, a company linked to Michael Saylor, recorded a loss of $3.8 billion after the price of Bitcoin fell, while currencies linked to Trump’s own projects fell from their peaks, as the meme currency lost more than 95% of its value, and the World Liberty symbol declined by about 75%, according to CoinGecko data reported by Bloomberg.
In response to journalists’ questions about his profits and the possibility of him benefiting from the presidency, Trump said that he was wealthy before being elected president, while the White House repeatedly confirmed that Trump does not participate in managing his family’s projects related to cryptocurrencies, denying the existence of a conflict of interest, according to Bloomberg.
