Trump Family Trust Reportedly Buys Bitcoin-Linked Stocks in Q1 2026

The Trump Family Trust reportedly purchased shares in several bitcoin-linked companies during the first quarter of 2026, according to a financial disclosure filed with the U.S. Office of Government Ethics.

These transactions, submitted through two Form 278-T reports, totaled between $220 million and $750 million across more than 3,600 trades. While most activity focused on large-cap technology firms, banks, and index funds, a subset of targeted crypto-related purchases has raised fresh ethics questions.

Key Bitcoin-Linked Stock Purchases

The filing details nine purchases of Coinbase stock, with the largest transaction on February 10 valued between $100,001 and $250,000. As the largest U.S.-based crypto exchange, Coinbase plays a central role in retail and institutional trading infrastructure.

The trust also reported two smaller purchases of MARA Holdings, one of the largest public Bitcoin mining firms, along with trades in Strategy, a company known for holding a large Bitcoin treasury. Strategy shares often mirror Bitcoin price movements, making the stock a proxy for crypto exposure in equity markets.

Eight transactions involved Strategy Class A shares, including both purchases and sales. The largest purchase ranged between $50,001 and $100,000, while a January sale reached up to $50,000. The mix of buys and sells suggests active portfolio management rather than a passive position.

Additional crypto-linked or fintech firms disclosed in the filing include Robinhood, SoFi Technologies, and Block, all of which connect to digital assets through trading platforms, payments, or blockchain initiatives.

Broader Portfolio Holdings

Crypto-related trades represent a small portion of the trust’s broader portfolio, which includes major positions in Nvidia, Microsoft, Apple, Amazon, and Boeing. Individual transactions in these holdings reached up to $5 million. The filing indicates strong gains across many of these positions following a market rebound after a March selloff tied to geopolitical tensions.

The documents do not specify whether Donald Trump directed any trades. His assets are held in a family trust managed by his sons and external brokers. While ethics rules require disclosure of transactions, they do not prohibit a sitting president from holding or trading stocks.

Legislative Context: Crypto Policy Developments

The disclosures coincide with the Senate Banking Committee advancing the Digital Asset Market Clarity Act in a 15–9 vote. The bipartisan bill, supported by Democratic Sens. Ruben Gallego and Angela Alsobrooks alongside Republicans, aims to clarify crypto market structure despite opposition from Sen. Elizabeth Warren and other Democrats over concerns about consumer protection, illicit finance, and ethics tied to Trump.

The markup revealed a growing divide among Democrats on crypto policy. A bipartisan bloc backed key DeFi compromise language, while progressive lawmakers warned the bill could create loopholes weakening anti-money-laundering enforcement and securities protections.