President Donald Trump’s latest ethics disclosure shows investment accounts reported in his name bought between $50,001 and $100,000 of Strategy shares on July 27, adding indirect exposure to the world’s largest publicly traded corporate holder of Bitcoin. The Office of Government Ethics filing, released September 22, also lists a smaller Strategy purchase of between $1,001 and $15,000 on July 24 and a sale in the same value range on July 8.
Other crypto-linked activity in the filing included a Coinbase share purchase of $1,001–$15,000 on July 24, alongside sales of Bitcoin miners MARA Holdings and CleanSpark on July 29, each valued between $15,001 and $50,000. The disclosure does not show exact share counts or running balances because federal transaction reports use value bands rather than precise dollar amounts. The White House has said Trump’s portfolio is independently managed through discretionary accounts and that he and his family do not direct individual trades.
Strategy shares are significant for Bitcoin investors because the company has built the largest corporate BTC treasury among public companies. It recently bought another 950 Bitcoin for approximately $75.7 million, lifting holdings to 846,000 BTC, acquired at an average price of about $75,416 per Bitcoin for a total cost of roughly $63.8 billion. That balance sheet makes MSTR highly sensitive to Bitcoin prices and can produce outsized moves compared with BTC itself.
The filing arrives during an active period for U.S. crypto policy. The Senate failed to advance the Digital Asset Market Clarity Act on September 15 after a 49-50 procedural vote. The SEC subsequently approved a five-year exemption for certain tokenized U.S. stocks to trade through qualifying on-chain venues, while the CFTC sent a crypto-market rulemaking initiative to the White House for regulatory review. The House Financial Services Committee voted 28-21 to advance legislation that would put the federal Strategic Bitcoin Reserve on a statutory footing.
The transactions were part of more than 1,100 securities trades in Trump’s accounts during July, including much larger sales of Microsoft and Amazon shares between $5 million and $25 million each on July 20. Public records establish the allocation changes but do not reveal whether the trades were coordinated crypto bets, ordinary rebalancing, or decisions by an outside manager.
