Trump discloses up to $100,000 Strategy stock purchase in ethics filing
Trump reports a July purchase of up to $100,000 in Strategy shares
President Donald Trump reported buying between $50,001 and $100,000 worth of Strategy shares on July 27, according to a US Office of Government Ethics filing released Tuesday. Strategy is the largest publicly traded company that holds Bitcoin on its balance sheet.
The July 27 trade was the largest crypto-linked transaction listed in the filing. It came three days after a smaller Strategy purchase worth $1,001 to $15,000.
Key points from the disclosure
- Strategy purchase: $50,001 to $100,000 on July 27.
- Earlier Strategy purchase: $1,001 to $15,000 three days before.
- The filing also lists a Coinbase stock purchase and sales of Bitcoin miners MARA Holdings and CleanSpark during July.
- Strategy holds 846,000 BTC, according to BitcoinTreasuries.net.
How the July trade compares with earlier ones
The July 27 buy matched Trump's largest previously disclosed Strategy purchase, also reported at $50,001 to $100,000, made on Feb. 12, according to BitcoinTreasuries.NET. His accounts have also reported several smaller Strategy purchases and sales this year.
Microsoft and Amazon sales were much larger
The Strategy purchase was a small part of the portfolio activity reported for July. The filing lists sales of $5 million to $25 million each of Microsoft and Amazon stock on July 20, along with several purchases and sales valued at between $1 million and $5 million.
White House says outside firms manage the portfolio
On Tuesday, the White House told CNBC that Trump's stock and bond portfolio is independently managed by third-party financial institutions, without input from Trump or his family. The filing itself does not describe who made the trading decisions.
Strategy shares have climbed recently
Strategy shares have rallied nearly 30% over the past five trading days and about 37% over the past month, according to Yahoo Finance data.
What is confirmed
The Office of Government Ethics filing shows that Trump reported the July Strategy purchases, a Coinbase transaction, and the MARA Holdings and CleanSpark sales. It also shows that these transactions are reported as value ranges rather than as share counts.
What is still unclear
The filing does not show how many Strategy shares Trump still holds, because it reports trades in value ranges instead of a running share balance. It also does not state who directed the trades. The claim that the portfolio is independently managed comes from the White House, not from the filing.
The disclosure lands during a wider crypto policy push
The filing comes as the administration continues to work on crypto policy. The Senate failed to advance the CLARITY Act on Sept. 15, so comprehensive market structure legislation remains stalled in Congress.
Regulators have moved ahead using their existing authority. Two days after that vote, the Securities and Exchange Commission cleared limited trading of tokenized US stocks, which are shares represented as digital tokens on a blockchain, under a temporary exemption. The Commodity Futures Trading Commission also eased registration requirements for certain software providers that offer access to regulated derivatives markets.
The CFTC separately sent a broader crypto market rulemaking initiative to the White House for review on Sept. 17. Called "Regulation Crypto Asset Transactions and Regulation Crypto Asset Markets," it is still in its early stages and has not become a formal proposal.
Separately, the House Financial Services Committee voted 28-21 last week to advance legislation that would write Trump's Strategic Bitcoin Reserve into law and require Bitcoin placed in the reserve to be held for at least 20 years. The US government holds an estimated 324,527 BTC, according to Arkham Intelligence data.
Sources
Newisty Editorial Team covers technology, cryptocurrency, digital products, online platforms, developer tools and the wider digital economy. Our content is researched from official sources, company announcements, public documentation, market data and other primary or reputable sources. Articles are reviewed and edited before publication for clarity, accuracy and useful context.