business
The Latest: Federal filing shows Trump took in about $1.2 billion from crypto businesses last year
By Associated Press at KSAT 12 (ABC affiliate) — San Antonio
· July 1, 2026
· 13 min read
President Donald Trump took in nearly $1.2 billion 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 eclipsed in revenue much of his...
Key takeaway 2 billion 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 Terrell Hills News
The revelation that President Donald Trump's crypto businesses generated nearly $1.2 billion in revenue last year may have significant implications for the local economy in Terrell Hills . As a community within the San Antonio area, Terrell Hills is likely to feel the ripple effects of any major economic shifts, particularly those related to the tech and finance sectors. The fact that Trump's crypto ventures have eclipsed much of his traditional property portfolio in revenue suggests a potential shift in the way wealth is being generated and distributed. This could have consequences for local businesses and investors in Terrell Hills, who may need to adapt to a changing economic landscape. Furthermore, the city's proximity to major military installations and its role in supporting national security efforts may also be relevant in light of the US military's relief efforts in Venezuela, which could have broader implications for the region's economic and political stability.
About this story
Original reporting by KSAT 12 (ABC affiliate) — San Antonio . Terrell Hills 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 KSAT 12 (ABC affiliate) — San Antonio . Have a tip or correction? Contact our newsroom .
Category: business ·
Published: July 1, 2026 ·
Source: KSAT 12 (ABC affiliate) — San Antonio ·
Reading time: 13 min
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Frequently asked about this story
What is this story about? President Donald Trump took in nearly $1.2 billion 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 eclipsed in revenue much of his...
When was this published? This article was first published on July 1, 2026 by KSAT 12 (ABC affiliate) — San Antonio and curated for Terrell Hills News readers.
Who reported this story? This story was reported by Associated Press at KSAT 12 (ABC affiliate) — San Antonio. To learn more about how Terrell Hills News selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more business coverage from Terrell Hills News, or browse our daily briefing and topic hubs .
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