Trump Reports $1.2B in Crypto Earnings, $50M in Bitcoin

President Donald Trump reported more than $1.2 billion in earnings from cryptocurrency ventures and holdings that include over $50 million in Bitcoin in a 2025 financial disclosure filed with the U.S. Office of Government Ethics. The disclosure runs more than 900 pages and was released Tuesday.

The filing shows the president received just over $635 million from a meme token that trades as TRUMP, with those payments coming almost entirely from royalties tied to a licensing agreement with Celebration Coins. The TRUMP token launched on the Solana network days before Trump returned to the White House in January 2025. It briefly reached a multi-billion-dollar market capitalization before falling; the token trades around $1.66 and has a market capitalization near $394 million, about 98% below its Jan. 19, 2025 peak.

The disclosure also lists more than $588 million in net proceeds from token sales distributed by World Liberty Financial, a decentralized finance and stablecoin venture described in the filing as operated by Trump family members and business associates. In crypto holdings, the president reported more than $50 million in Bitcoin and between $5 million and $25 million in Ethereum, along with other digital assets identified in the report.

A prior disclosure filed in May showed the president’s gains from trading securities, including investments tied to companies focused on cryptocurrency services. Lawmakers have expressed concern about the president’s crypto income and holdings. Top Democrats oppose the Clarity Act unless it includes ethics provisions that would bar the president and his family from participating in cryptocurrency businesses; the bill passed the House but has not advanced in the Senate.

The filing provides a detailed accounting of licensing payments and token-distribution arrangements that generated the crypto revenues. The documents do not include additional commentary from the president’s office.