Trump Trust Bought Into COIN, MSTR, MARA Stocks In Q1 — The Same Quarter His Administration Pushed Pro-Crypto Legislation

• Coinbase was the most frequently traded crypto stock in the filing, appearing in nine separate transactions.
• Strategy, MARA Holdings, Robinhood, Block, and SoFi Technologies were also included among the crypto-related holdings.
• The trades occurred during the same quarter the Trump administration was working on the Digital Asset Market CLARITY Act.

President Donald Trump's family trust made roughly 50 trades across eight crypto-linked companies, including Coinbase (COIN), Strategy (MSTR) and MARA Holdings (MARA) in the first quarter of 2026 while the Trump administration was hammering out the Digital Asset Market CLARITY Act.

The financial disclosure filed with the U.S. Office of Government Ethics (OGE) on Tuesday covers 3,642 total trades across 2,000 different entities, valued between $220 million and $750 million. 

Crypto-linked trades only accounted for an estimated $1.5 million to $3.8 million of that total. Nvidia (NVDA), Microsoft (MSTR), Oracle (ORCL), and Boeing (BA) positions were each valued in the $1 million to $5 million range — well above the crypto-linked purchases. 

However, the trades took place during the same quarter the Trump administration was attempting to push the Digital Asset Market CLARITY Act. The Senate Banking Committee voted 15-9 on Thursday to advance the CLARITY Act toward a full Senate floor vote, triggering a broad rally across crypto-linked equities. 

Trump Family’s Crypto Equity Exposure

Coinbase was the most frequently traded crypto stock in the filing, appearing in nine separate transactions. The largest single purchase occurred on February 10, valued between $100,001 and $250,000. 

COIN’s stock fell over 6.5% in morning trade amid broader weakness in the market. Retail sentiment on Stocktwits around the Brian Armstrong-led company trended in ‘bullish’ territory over the past day, accompanied by ‘high’ levels of chatter. 

Robinhood was also among the holdings, with positions valued between $100,000 and $250,000. HOOD’s stock dropped over 4.5% in morning trade, with retail sentiment in the ‘bearish’ zone, and chatter at ‘low’ levels. 

Strategy, the Michael Saylor-led firm that holds over 818,000 BTC on its balance sheet, appeared eight times in the filing, with the largest buy on February 12 coming in between $50,001 and $100,000. On Friday, the firm filed to buyback $1.5 billion of its convertible debt.

MSTR’s stock tumbled over 6% in morning trade, with retail sentiment improving to ‘neutral’ from ‘bearish’ territory over the past day. Chatter increased to ‘normal’ from ‘low’ levels. 

The trust also picked up two MARA Holdings positions during the quarter, with each transaction valued below $50,000. MARA’s stock plummeted 7.6% in morning trade. Retail sentiment remained in the ‘bullish’ zone, with high chatter at ‘high’ levels. 

Block (XYZ), and SoFi Technologies (SOFI) rounded out the crypto-adjacent positions. The filing does not attribute individual trades to specific family members. It covers transactions by Trump, First Lady Melania Trump, and dependent children.

The CLARITY Act Ethics Issue

The filing came amid growing scrutiny over the Trump family's broader crypto interests. World Liberty Financial (WLFI), the Trump-backed DeFi project, reportedly added an estimated $660 million to the family's fortune following previously undisclosed token sales. It is worth more than the family’s stake in Trump Media and Technologies (DJT) or the Mar-a-Lago resort.

WLFI also launched the USD One (USD1) stablecoin last year, which sits directly in the path of the GENIUS Act's regulatory scope.

During the CLARITY Act vote by the Senate Banking Committee, one of the primary sticking points was that the bill did not include an ethics ethics provision restricting senior federal officials from profiting off crypto ventures while in office. Most democrats stated that the issue would need to be resolved to secure their alignment before the full Senate floor vote. 

Read also: XRP, BNB Outperform Bitcoin After CLARITY Act Clears Senate Banking Committee

For updates and corrections, email newsroom[at]stocktwits[dot]com