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) - San Antonio News
· 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 Alamo Heights 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 Alamo Heights . As a community within the San Antonio area, Alamo Heights is likely to feel the ripple effects of any major economic shifts, particularly those involving high-profile figures like Trump. The fact that Trump's crypto ventures have eclipsed much of his traditional property portfolio in revenue raises questions about the potential for similar investments in the local area. With San Antonio's growing reputation as a hub for tech and innovation, it's possible that crypto businesses could play a larger role in the city's economic landscape, potentially attracting new investment and talent to the region. As the city's business community navigates this emerging landscape, it will be worth watching how local leaders respond to opportunities and challenges presented by the growing crypto industry.
About this story
Original reporting by KSAT 12 (ABC) - San Antonio News . Alamo Heights 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) - San Antonio News . Have a tip or correction? Contact our newsroom .
Category: business ·
Published: July 1, 2026 ·
Source: KSAT 12 (ABC) - San Antonio News ·
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) - San Antonio News and curated for Alamo Heights News readers.
Who reported this story? This story was reported by Associated Press at KSAT 12 (ABC) - San Antonio News. To learn more about how Alamo Heights News selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more business coverage from Alamo Heights News, or browse our daily briefing and topic hubs .
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