business
The Latest: Federal filing shows Trump took in about $1.2 billion from crypto businesses last year
By Associated Press at KPRC 2 / Click2Houston (NBC)
· 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 Tomball News
The revelation that President Donald Trump's crypto businesses raked in nearly $1.2 billion last year may have significant implications for the local economy in Tomball , particularly in the realm of finance and technology. As a community within the Houston area, Tomball is part of a larger economic ecosystem that is increasingly intertwined with the global financial landscape. The fact that Trump's crypto ventures have eclipsed much of his traditional property portfolio in revenue suggests a shift towards more modern and digital forms of investment. This could potentially create new opportunities for local businesses and entrepreneurs in Tomball who are involved in the tech and finance sectors, particularly those with a focus on cryptocurrency and blockchain technology. As the city continues to grow and develop, it will be interesting to see how this trend plays out and what impact it may have on the local job market and economy.
About this story
Original reporting by KPRC 2 / Click2Houston (NBC) . Tomball 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 KPRC 2 / Click2Houston (NBC) . Have a tip or correction? Contact our newsroom .
Category: business ·
Published: July 1, 2026 ·
Source: KPRC 2 / Click2Houston (NBC) ·
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 KPRC 2 / Click2Houston (NBC) and curated for Tomball News readers.
Who reported this story? This story was reported by Associated Press at KPRC 2 / Click2Houston (NBC). To learn more about how Tomball News selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more business coverage from Tomball News, or browse our daily briefing and topic hubs .
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