President Donald Trump’s stock accounts sold Strategy (NASDAQ:MSTR) shares in June, bought back in late July, and the stock has since climbed 83%.
What the Filing Shows
A federal ethics filing posted September 22 shows the accounts sold Strategy shares worth $16,002 to $65,000 combined on June 23 and June 24, just before the stock hit $81.81 two days later, its lowest point of the summer.
A third sale followed on July 8, worth $1,001 to $15,000, before the accounts reversed course and started buying.
They purchased $1,001 to $15,000 of Strategy on July 24 and a much larger $50,001 to $100,000 on July 27.
Strategy closed at $91.67 on July 24 and $167.33 on September 22, an 83% gain flagged by Quiver Quantitative, which tracks politicians’ trades.
The larger July 27 purchase, made at a $98.65 close, now sits up roughly 70%. Since Strategy holds the largest corporate Bitcoin (CRYPTO: BTC) position in the world, its stock tends to move in step with crypto prices, which helps explain the timing of the run.
Why This Draws Extra Attention
Sen. Elizabeth Warren (D-Massachusetts) and Rep. Robert Garcia (D-California) sent a letter on August 12 demanding answers about whether Trump’s stock trading created conflicts between his personal finances and official duties.
They cited more than 14,000 reported trades worth up to $1.06 billion in 2025, and another 3,555 trades worth up to $500 million in the first three months of 2026.
The lawmakers flagged 30 example trades tied to government decisions or presidential endorsements, including:
- Nvidia (NASDAQ:NVDA) and AMD (NASDAQ:AMD) — purchased a week before eased chip export restrictions
- Coinbase (NASDAQ:COIN) — purchased the day before Trump met the company’s CEO and publicly backed crypto
- Palantir (NASDAQ:PLTR) — purchased before Trump praised the stock ahead of a $300 million Agriculture Department deal
The Trump Organization has denied any role in directing the trades, stating independent financial institutions manage the accounts without advance notice.
Warren and Garcia called that explanation insufficient and set an August 28 deadline for detailed answers, aiming to inform potential legislation barring presidents from owning individual stocks.
MSTR Price Analysis: Key Levels to Watch
MSTR trades flat Wednesday, after pulling back from an intraday high of $169.
The broader trend stays bullish, with price holding above the 200-day EMA at $152.43 after clearing the multi-month descending trendline last week.
The Supertrend flipped bullish back in August near $100 and now trails support at $139.84.
Key levels for MSTR:
- $171.19 — recent high
- $152.43 — 200-day EMA, key support below
Photo via Shutterstock
Login to comment