President's Annual Financial Disclosure Shows $1.2 Billion in Crypto Income, Notes That Everybody Is Profiting
The 927-page filing covers 21,000 trades, a billion in meme coins, and a blind account the president says he believes is called that.
President Trump's 2025 financial disclosure, at 927 pages, is the longest ever filed by a sitting president. For context, the King James Bible is 788 pages. (Photo: Whiskey Leaks / Hailuo)
The White House released President Trump's 2025 annual financial disclosure on Tuesday, a 927-page document showing more than $1.2 billion in cryptocurrency income earned during his first year back in office. The filing covers positions in the president's meme coin operation, his family's World Liberty Financial venture, and eight investment accounts that collectively executed an average of 80 trades per day across the calendar year.
Asked at Joint Base Andrews what message the disclosures send to average Americans, the president said the stock market is up and that everybody is profiting. "Do you have a 401K?" he told reporters. "How's your 401K done? It's about up 85%. Thank you, President Trump." He said he does not manage his personal finances because investment funds handle his money, and that he does not talk to them or speak to them.
The arrangement, the president explained, is called a blind account. "What they do is, we gave it, I think it's called a blind account," he said. Standard ethics terminology refers to this mechanism as a blind trust, an arrangement every president since Ronald Reagan has used to transfer assets to an independent trustee with no ongoing disclosure to the officeholder. Trump's assets are overseen by his children. He remains the beneficiary. Ethics attorneys note that this is a different arrangement from the one the president described, and also from a blind trust, and also from what the president called it.
"Well, you know why I'm profiting? Cause the stock market's going up. Everybody's profiting. Do you have a 401K? It's about up 85%. Thank you, President Trump." — President Donald J. Trump, addressing concerns about profiting from the presidency by explaining that you are also profiting from the presidency
The disclosure also shows that Trump's investment accounts purchased shares in Palantir Technologies nine times during the period in which the administration awarded the company a $1.3 billion Pentagon contract to develop artificial intelligence systems for military operations. When Palantir's stock fell nearly fifteen percent in April, the president posted on Truth Social that the company "has proven to have great war-fighting capabilities and equipment. Just ask our enemies." The stock recovered its losses within ten days. Sources said the timing reflects the president's longstanding support for American defense innovation. All twelve sources are at Mar-a-Lago.
Your 401K. His blind account. Everybody's profiting. The market is up. The disclosure is 927 pages. The opportunity is unlimited. Do you have a 401K? Thank you, President Trump. The Deep State does not want you to know this. That ends now.
A White House spokesperson said the president has no role in selecting, directing, approving, influencing, or soliciting specific investments, and that the structure exists to avoid even the appearance of a conflict of interest. The former acting director of the Office of Government Ethics said previous presidents behaved as though conflict-of-interest rules applied to them. He said that under the current administration, "those norms are just totally out the window." The White House did not dispute the quote but noted that the stock market is up.
Satire. Parody. Protected speech. President Trump's 2025 financial disclosure, filed July 1, 2026, shows over $1.2 billion in cryptocurrency income including $635 million in meme coin royalties and $580 million from World Liberty Financial, a crypto venture co-founded by members of his family. The 927-page filing covers more than 21,000 investment trades averaging 80 per day. Trump's accounts purchased Palantir Technologies stock nine times while the administration awarded the company a $1.3 billion Pentagon contract. The president publicly described his investment arrangement as "a blind account," adding "I think it's called a blind account." Unlike every president since Ronald Reagan, Trump did not place assets under the control of an independent trustee. His assets are overseen by his children. The publication is not real. The 401K line is real. The joke is that this is harder to tell apart than it should be.
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