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US President Donald Trump and his household earned greater than $1 billion in pre-tax earnings from their cryptocurrency ventures over the previous 12 months, the Monetary Occasions reported.
That $1 billion displays solely realized earnings, indicating that after good points on their crypto holdings from rising costs are factored in, the household doubtless earned far more, the FT’s story indicated.
A lot of the earnings got here from the DeFi platform World Liberty Monetary and its USD1 stablecoin, the American Bitcoin mining agency, and sale of the TRUMP and MELANIA meme cash, the FT mentioned.
The TRUMP and MELANIA meme cash generated round $427 million in income, whereas WLFI token gross sales introduced in about $550 million, the FT mentioned. It added that World Liberty Monetary’s USD1 stablecoin has generated $2.71 billion.
When the Monetary Occasions approached Eric Trump, one of many President’s sons, to ask whether or not the $1 billion calculation in pre-tax earnings was right, he mentioned that the true determine was “most likely extra.”
”The guts of Trump’s newfound wealth is a quickly rising cryptocurrency empire constructed by the president and his household,” the FT story mentioned. ”This enterprise has already reaped greater than $1bn in pre-tax earnings over the previous 12 months, partly due to a crypto increase fuelled by the administration’s personal industry-friendly insurance policies.”
Crypto Property Additionally Enhance Trump Household’s Web Value
The paper added that crypto ventures have bolstered Trump’s web price on paper by billions of {dollars}, citing his stake in Trump Media & Know-how Group, the father or mother firm of Fact Social and a Bitcoin treasury agency, is price $1.9 billion
There have additionally been strategic strikes made by different corporations linked to the Trumps. One in all these strikes is Trump Media’s partnership with crypto change Crypto.com. Trump Media additionally introduced a $2.5 billion increase in Could so as to add Bitcoin to its steadiness sheet.
In response to knowledge from Bitcoin Treasuries, Trump Media is presently ranked because the eight-biggest BTC treasury agency globally with 15,000 Bitcoins on its steadiness sheet.
High 10 largest company Bitcoin holders (Supply: Bitcoin Treasuries)
Its present holdings rank it above Coinbase, which is without doubt one of the largest crypto exchanges within the US. Trump Media additionally holds extra BTC on its books than crypto miners CleanSpark and Hut 8 Mining. It even holds extra BTC than Elon Musk’s Tesla, which has reserves of 11,509 BTC.
Trump Delivers On Promise To Change into Crypto President
Trump has pivoted from a crypto skeptic throughout his first time period within the White Home to calling himself ”crypto president” this time round. Throughout his marketing campaign, he made a collection of guarantees to the digital asset {industry} in a push to make the US the “crypto capital” of the world.
He’s delivering on these guarantees. In the beginning of the 12 months, he signed a invoice to ascertain a US Strategic Bitcoin Reserve. He additionally signed the GENIUS Act, a regulatory framework for stablecoins, into regulation in July.
Right this moment, President Trump signed the GENIUS Act into regulation, a historic piece of laws that may pave the best way for the U.S. to guide the worldwide digital forex revolution. pic.twitter.com/UCha4xpYZM
— Treasury Secretary Scott Bessent (@SecScottBessent) July 18, 2025
Battle Of Curiosity?
Critics together with Democratic lawmaker Elizabeth Warren have known as for an investigation into President Trump and and his household for doable battle of curiosity.
Early this month, Donald Trump Jr. known as these claims “full nonsense,’’ arguing that his father doesn’t monitor such investments.
“I don’t assume anybody really believes that my father…can be ledgers on the blockchain to see who purchased what, and that carrying any type of favor,” he mentioned.
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