President Donald Trump earned at least $1.4 billion from cryptocurrency and memecoin businesses in 2025, according to federal financial disclosure documents. These earnings from crypto ventures now make up a large portion of the president's income, far exceeding the windfall from his Florida home and club.
The financial gain marks a significant shift for Trump, who described Bitcoin as a scam six years ago, stating at the time that he disliked it as another currency competing against the dollar. While the president and his family have seen massive gains, thousands of investors who bought into some of those cryptocurrencies stand to lose big.
In response to the disclosures, President Trump suggested he was not aware of the full extent of his digital asset holdings but asserted that there was nothing illegal about his involvement. The White House has declined to say how much the president paid in taxes on the crypto windfall.