business
Trump filing shows he took in about $1.2 billion from crypto businesses last year
By BERNARD CONDON, Associated Press at KXAN (NBC Austin) - All Stories
· July 1, 2026
· 1 min read
NEW YORK (AP) — President Donald Trump took in nearly $1.2 billion dollars from his crypto businesses last year, a federal filing released Tuesday shows, locking in profits while his investors were socked with losses. Mere startups when he took the oath of office, the new ventures have now eclips...
Key takeaway 2 billion dollars from his crypto businesses last year, a federal filing released Tuesday shows, locking in profits while his investors were socked with losses.
Why this matters in Barton Creek News
The revelation that President Donald Trump's crypto businesses generated nearly $1.2 billion in revenue last year may have implications for the local economy in Barton Creek . As the Austin area continues to grow as a hub for technology and innovation, the crypto industry's presence in the region is likely to expand. This could lead to increased investment and job opportunities in Travis County, potentially benefiting local businesses and residents. However, the fact that Trump's investors reportedly suffered losses while he profited raises questions about the stability and transparency of the crypto market. As Barton Creek's community navigates the complexities of this emerging industry, it will be crucial to monitor the impact of crypto businesses on the local economy and ensure that any growth is sustainable and equitable. The city's approach to regulating and supporting crypto ventures will be worth watching in the coming months.
About this story
Original reporting by KXAN (NBC Austin) - All Stories . Barton Creek News surfaces reporting from trusted publishers and adds local editorial context so readers can quickly understand what a story means for their community. We attribute every source, link to the original report, and follow a documented editorial standards policy. To understand how stories are selected and reviewed, read our about page .
For the complete original report, visit KXAN (NBC Austin) - All Stories . Have a tip or correction? Contact our newsroom .
Category: business ·
Published: July 1, 2026 ·
Source: KXAN (NBC Austin) - All Stories ·
Reading time: 1 min
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Frequently asked about this story
What is this story about? NEW YORK (AP) — President Donald Trump took in nearly $1.2 billion dollars from his crypto businesses last year, a federal filing released Tuesday shows, locking in profits while his investors were socked with losses. Mere startups when he took the oath of office, the new ventures have now eclips...
When was this published? This article was first published on July 1, 2026 by KXAN (NBC Austin) - All Stories and curated for Barton Creek News readers.
Who reported this story? This story was reported by BERNARD CONDON, Associated Press at KXAN (NBC Austin) - All Stories. To learn more about how Barton Creek News selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more business coverage from Barton Creek News, or browse our daily briefing and topic hubs .
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