Trump Denies Knowledge of Crypto Investments, Confirms $1.2B Profit Last Year

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Donald Trump
07-03 06:53
4 sources

Summary

President Trump’s latest financial disclosures reveal he earned approximately $1.2 billion from cryptocurrency ventures last year, primarily through World Liberty Financial and various token sales USHK News. Despite the massive scale—which now eclipses his traditional real estate income—Trump claims he has no direct knowledge of the investments, stating his sons manage the business affairs USHK News. His portfolio includes significant Bitcoin holdings via Trump Media & Technology Group and interests in stablecoins and NFTs Sina Finance+ 2.

Impact Analysis

So Trump is basically using the ‘blind trust’ defense to distance himself from a massive $1.2 billion crypto windfall that just flipped his entire real estate empire’s revenue model [USHK News][]. This isn’t just a side hustle; it’s a total strategic pivot. While he claims ignorance, his administration is actively pushing the ‘GENIUS Act’ and branding the U.S. as a ‘crypto capital,’ which directly benefits his family’s World Liberty Financial and their new stablecoin ventures [Sina Finance][Benzinga].

The signal here is clear: the ‘Trump Trade’ has shifted from infrastructure and deregulation to pure digital asset advocacy. TMTG is effectively becoming a Bitcoin proxy, holding $2 billion in BTC [Sina Finance]. However, the volatility is extreme—look at the $TRUMP meme coin crashing 66% after retail got burned [Reuters]. Bottom line: expect a highly permissive regulatory environment that favors family-linked projects. I’d stay long Bitcoin as a policy proxy but avoid the specific family-branded ‘governance tokens’ where retail is clearly the exit liquidity.

Event Track

Donald Trump