Trump's Accounts Put as Much as $100,000 Into Strategy Stock in July, Disclosure Shows
The filing shows 1,156 July trades, including a Coinbase purchase and sales of MARA Holdings and CleanSpark shares.
- On Tuesday, a U.S. Office of Government Ethics filing revealed President Donald Trump's investment accounts purchased up to $115,000 of Strategy shares in July, while selling shares of bitcoin miners MARA Holdings and CleanSpark.
- These July transactions occurred as Trump's administration continues pursuing policies supporting the US crypto industry, even as comprehensive market structure legislation remains stalled in Congress.
- Specifically, Trump's accounts bought $50,001 to $100,000 of Strategy stock on July 27, following a $1,001 to $15,000 purchase on July 24, alongside Coinbase trades in that same range.
- White House spokesman Davis Ingle stated, "President Trump's stock and bond portfolio is independently managed by third-party financial institutions," noting no input from the president or his family.
- Last week, the House Financial Services Committee voted 28-21 to advance legislation codifying a Strategic Bitcoin Reserve, requiring the government to hold its estimated 324,527 BTC for at least 20 years.
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US President Donald Trump remains a person who is closely followed in the financial markets as well as in the cryptocurrency market. At this point, Trump's statements regarding the cryptocurrency market and his investments in this area are among the indicators that are closely followed by investors. In particular, the transactions it carries out with its explanations for Bitcoin, crypto asset companies and crypto-linked stocks, [...] Source: Bit…
Donald Trump increased trading in July. His latest financial statement includes 1,156 transactions, including purchases of Coinbase and Strategy shares and sales of MARA and CleanSpark securities. An activity that revives questions about the conflicts of interest between the US President's investments and the crypto policy of his administration. The Trump article realizes 50 trades a day and buys Coinbase and Strategy appeared first on Cryptoast.
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