Accounts associated with President Donald Trump sold shares of Strategy, formerly known as MicroStrategy, in June and early July before buying the stock again later in July. Since the first reported July purchase, Strategy shares have risen roughly 83%.
A federal ethics filing posted September 22 details the transactions. The filing reports trades in dollar ranges rather than specific share counts or purchase prices.
How the Strategy Trades Unfolded
The accounts sold Strategy shares on June 23 and June 24, with the combined transactions valued between $16,002 and $65,000. Strategy shares then fell to a summer low of $81.81 on June 26.
The accounts made another sale on July 8, valued between $1,001 and $15,000. However, the trading pattern changed later that month.
The reported purchases included:
- $1,001 to $15,000 of Strategy shares on July 24
- $50,001 to $100,000 on July 27
Strategy closed at $91.67 on July 24 and $167.33 on September 22. Based on those closing prices, the stock gained about 83% from the first reported July purchase.
Bitcoin Exposure Drives Interest
Strategy’s stock remains closely tied to Bitcoin because the company holds one of the world’s largest corporate Bitcoin treasuries. The company held 843,775 BTC in July and later resumed additional Bitcoin purchases.
Trading activity also weakened during July. Strategy reported average daily stock trading volume of about $1.7 billion that month, its lowest monthly level of 2026. September’s average had risen to roughly $3.6 billion.
The Trump Organization has said outside firms manage the relevant investment accounts and that Trump, his family, and the organization do not select or approve individual investments.
The filing does not establish whether the accounts still hold the Strategy shares. It also does not provide enough information to determine the exact returns on each transaction.
