A federal financial disclosure released this week reports that President Donald Trump received about $1.2 billion in income from his crypto-related businesses over the previous year. Multiple outlets cite the filing as showing that his crypto ventures generated substantial profits for him. PBS NewsHour describes the disclosure as reflecting “profits” for Trump while investors associated with the crypto businesses experienced losses. Other reports similarly state that the filing shows Trump took in nearly $1.2 billion from those operations, but they focus less on the investors’ results. Yahoo News, NDTV, and The Washington Times all describe the same core figure—roughly $1.2 billion—and attribute it to a newly released federal filing. Stuff.co.nz also reports the figure and frames it as a large payout compared with negative outcomes for investors. Across the coverage, the central point is the disclosed amount of income tied to Trump’s crypto businesses, based on the contents of the filing released by the federal government.