Key Takeaways:
(Bloomberg) -- Donald Trump’s family trust acquired shares in at least three cryptocurrency-linked companies in the first quarter of 2026, a period that coincided with a significant legislative push for the digital asset industry, according to a financial disclosure filed with the U.S. Office of Government Ethics.
"The disclosure of these crypto-related stock purchases during a key legislative period raises fresh ethics questions," said a representative from government watchdog group Citizens for Responsibility and Ethics in Washington (CREW), in a statement.
The filing details nine purchases of Coinbase (COIN) stock, with the largest single transaction valued between $100,001 and $250,000. The trust also bought shares in Bitcoin mining firm Marathon Digital (MARA) and MicroStrategy (MSTR), a company known for its large Bitcoin holdings. The trades were part of a portfolio of over 3,600 transactions valued between $220 million and $750 million.
The timing of the investments is notable, as the Senate Banking Committee advanced the Digital Asset Market Clarity Act during the same quarter. The bill, which aims to provide a comprehensive regulatory framework for cryptocurrencies, has seen bipartisan support and opposition, with ethics concerns related to the Trump administration's investments being a point of contention for some lawmakers. The White House has previously stated that the president's portfolio is managed by independent third parties.
While the crypto-related trades have drawn scrutiny, they represent a small fraction of the total portfolio activity. The disclosure also revealed significant transactions in major tech and media companies. The trust purchased securities in Apple (AAPL) and Nvidia (NVDA) valued at between $1 million and $5 million each. It also reported sales of Microsoft (MSFT), Amazon (AMZN), and Meta (META) securities, with each transaction valued between $5 million and $25 million.
The portfolio's activity also included trades in other financial technology companies with crypto exposure, such as Block (SQ), Robinhood (HOOD), and SoFi Technologies (SOFI). The diverse range of investments underscores a broad market engagement, with the crypto-linked assets being a small but strategically timed component.
This article is for informational purposes only and does not constitute investment advice.
