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Trump Accounts Bought Strategy Shares Before Sharp Rally

An Office of Government Ethics filing shows late‑July purchases that have risen as Strategy recovered alongside Bitcoin.

Overview

  • The OGE filing published Sept. 22 reports that accounts tied to President Trump sold Strategy shares on June 23–24 and July 8 and then bought back $1,001–$15,000 on July 24 and $50,001–$100,000 on July 27.
  • Those late‑July buys have appreciated as Strategy’s stock climbed about 83% from the late‑July close and the July 27 tranche is up roughly 70%, according to Quiver Quantitative and StockAnalysis price data.
  • The Trump Organization and White House say outside managers run the accounts and select investments independently, a claim that leaves open who ordered the specific trades.
  • Sen. Elizabeth Warren and Rep. Robert Garcia raised questions about the timing in an August letter, and the OGE form reports dollar ranges not exact share counts so the filing does not show whether the positions remain.
  • Strategy, the largest public holder of Bitcoin, paused purchases in July with about 843,775 BTC then and later resumed buying to reach roughly 846,000 BTC by Sept. 21, a shift that helps explain the stock’s rebound and that may drive further scrutiny of politically linked trading.