Trump, a master of crypto trading, has gained over $1 billion in cryptocurrencies in the past year.

Author: Li Dan, Wall Street Sights

On Tuesday, the 30th in U.S. Eastern Time, the U.S. Office of Government Ethics (OGE) released U.S. President Donald Trump’s 2025 annual financial disclosure report, giving the public a glimpse into Trump’s stock trading and “crypto trading” activities last year.

The OGE report, which runs to 927 pages, shows that throughout 2025 Trump earned more than $1 billion in revenue through businesses related to cryptocurrency and meme coins, mainly from his involvement in World Liberty Financial and his personal meme coin $TRUMP project launched on the Solana network. At the same time, his investment portfolio is heavily concentrated in several tech giants; the value of his holdings in Nvidia, Microsoft, Amazon, Tesla, and Broadcom all falls between $1 million and $5 million.

According to the Bloomberg Billionaires Index, Trump’s current net worth is approximately $7.6 billion, up from last year. This OGE disclosure has again triggered discussions outside the mainstream about possible conflicts of interest between the president’s business interests and his public duties, because Trump did not place his assets into a “blind trust” managed by an independent trustee; instead, he continues to have his family members manage a vast business empire.

Cryptocurrency revenue of at least $1.2B

The OGE financial disclosure report shows that Trump’s income in the cryptocurrency sector is at least $1.224 billion, making it one of his most important sources of personal income in 2025, with two main components.

• World Liberty Financial: Earned more than $588 million in revenue through token sales. World Liberty Financial is a company providing decentralized finance (DeFi) services, co-founded by Trump, his sons, and U.S. presidential envoy Steven Witkoff, with Witkoff’s son Zach Witkoff serving as CEO.

• CIC Digital ($TRUMP meme coin): Earned $636 million in revenue through a licensing authorization agreement signed with Celebration Coins, with almost all revenue coming from licensing fees. In addition, CIC Digital LLC, a Trump Organization subsidiary, holds cryptocurrency assets worth at least $60 million.

Previously, media reports said the Trump family’s total revenue via cryptocurrency-related businesses could be as high as $1.73 billion, but this week’s OGE financial disclosure documents only cover Trump’s personal income.

Investment portfolio: Heavy holdings in tech giants, betting on AI and energy

In terms of securities investments, Trump’s investment portfolio shows a strong interest in the technology, financial, and energy sectors, with holdings highly concentrated in leading U.S. stocks, including Nvidia, Apple, and Microsoft. Specifically:

• Nvidia (NVDA): Holdings valued between $1 million and $5 million, and generating capital gains of $2,501–$5,000.

• Microsoft (MSFT), Amazon (AMZN), Tesla (TSLA), and Broadcom (AVGO): Holdings valued between $1 million and $5 million each.

• Apple (AAPL) and Meta Platforms (META): Holdings valued between $500,000 and $1 million each, and Alphabet (GOOG), Google’s parent company, has Class A and Class C shares worth $500,000 to $1 million in holdings each.

• AMD (AMD), Palantir (PLTR), Oracle (ORCL), and biotechnology company Thermo Fisher (TMO): Holdings valued between $100,000 and $250,000 each.**

Trump’s investment portfolio also includes: S&P 500 ETF (SPY), iShares Expanded Tech Sector ETF, Vanguard Growth ETF, Financial ETF, Small Cap Growth ETF, gold ETF (SPDR Gold MiniShares), and silver ETF (iShares Silver Trust).

Hotel and golf businesses remain steady

Beyond cryptocurrency and securities investments, Trump’s traditional business empire continues to contribute stable cash flow.

According to the disclosure documents:

• Trump National Doral resort: revenue of approximately $50.3 million, profit of approximately $33.3 million;

• Trump Turnberry (Scotland) resort: revenue of approximately $24.2 million, profit of approximately $16.8 million.

Meanwhile, its golf courses, hotels, brand licensing, and real estate projects across the United States and abroad continue to generate substantial income.