Trump-Linked Accounts Reentered Strategy Stock Before an 83% Rally
Key Takeaways
- •Investment accounts tied to President Trump sold Strategy shares in June and early July before buying back into the stock later that month, according to a federal ethics filing posted on September 22.
- •The June sales totaled between $16,002 and $65,000 combined, and the stock subsequently dropped to a summer low of $81.81 on June 26.
- •The accounts purchased Strategy shares on July 24 and July 27 in amounts ranging from $1,001 to $100,000, and the stock gained roughly 83% from the first reported July purchase through September 22.
- •Strategy holds one of the world's largest corporate Bitcoin treasuries, with 843,775 BTC as of July, which is why its share price tends to track the cryptocurrency.
- •The Trump Organization states that outside firms manage the accounts and that Trump, his family, and the organization do not select individual investments, while the filing does not reveal current holdings or exact transaction returns.
Investment accounts tied to President Donald Trump sold shares of Strategy, formerly known as MicroStrategy, in June and early July before buying the stock back later that month. Since the first reported July purchase, Strategy shares have climbed roughly 83%.
The transactions are detailed in a federal ethics filing posted September 22. The disclosure reports trades in dollar ranges rather than exact share counts or purchase prices — a standard feature of federal ethics filings, which report transaction values only within set bands and do not explain the reasoning behind individual trades.
How the Strategy Trades Unfolded
The accounts sold Strategy shares on June 23 and June 24, with the combined transactions valued between $16,002 and $65,000. The stock subsequently fell to a summer low of $81.81 on June 26.
A further sale followed on July 8, valued between $1,001 and $15,000. However, the trading pattern changed later that month, with the filing reporting two purchases:
- $1,001 to $15,000 of Strategy shares on July 24
- $50,001 $100,000 on July 27
Strategy closed at $91.67 on July 24 and at $167.33 on September 22. Based on those closing prices, the stock gained about 83% from the date of the first reported July purchase.
Bitcoin Exposure Drives Interest
Strategy's stock remains closely tied to Bitcoin, as the company holds one of the world's largest corporate Bitcoin treasuries. It held 843,775 BTC in July and later resumed additional Bitcoin purchases. The company, which began building that treasury in 2020, is widely followed as a public-market vehicle for Bitcoin exposure, one reason its share price tends to track the cryptocurrency.
Trading activity also weakened in July. Strategy reported average daily stock trading volume of about $1.7 billion that month, its lowest monthly level of 2026, while September's average had risen to roughly $3.6 billion.
The Trump Organization has said outside firms manage the relevant investment accounts, and that Trump, his family, and the organization do not select or approve individual investments.
The filing does not establish whether the accounts still hold the Strategy shares. It also does not provide enough information to determine the exact returns on each transaction. Any further trading by the accounts would only become visible through future periodic disclosures, which report values in the same dollar ranges.
Source: CryptoMeter io
