Trump Invests Big in Bitcoin-Holding Company Strategy
President Donald Trump has made significant investments in cryptocurrency-related companies, according to recent disclosures. He bought up to $100,000 of Strategy stock in July, adding to his existing position in the Bitcoin-holding company.
Strategy is the world's largest publicly traded corporate holder of Bitcoin, with about 846,000 BTC. Trump also invested in Coinbase shares and sold stakes in MARA Holdings and CleanSpark, two companies involved in Bitcoin mining.
The latest purchase was reported in the same range as a Strategy stock purchase disclosed on February 12. Trump has bought and sold the company's shares several times this year.
Following the disclosure of his purchases, Strategy shares rose about 30% over the past five trading days and about 37% over the past month.