Donald Trump’s family trust bought shares in several bitcoin-linked companies during the first quarter of 2026, according to a financial disclosure filed with the US Office of Government Ethics. These moves come as his administration advances a more supportive stance on digital assets.

The filing, submitted through two Form 278-T reports, shows more than 3,600 transactions between January and March with a total value ranging from $220 million to $750 million. Most of the activity focused on large-cap technology firms, banks, and index funds, yet a set of targeted purchases tied to the crypto sector has raised fresh ethics questions.

The disclosure lists nine purchases of Coinbase stock, with the largest transaction on Feb. 10 valued between $100,001 and $250,000. Coinbase stands as the largest US-based crypto exchange and plays a central role in retail and institutional trading infrastructure.

The trust reported two smaller purchases of MARA Holdings, one of the largest public Bitcoin mining firms, along with trades in Strategy, the company known for holding a large Bitcoin treasury. Strategy shares often move in line with Bitcoin price swings, which has made the stock a proxy for crypto exposure in equity markets.

The filing shows eight transactions involving 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 management rather than a passive position.

Beyond those names, the trust disclosed positions in other crypto-linked or fintech firms, including Robinhood, SoFi Technologies, and Block. These companies connect to digital assets through trading platforms, payments, or blockchain initiatives.

The Trump’s broader portfolio

Crypto-related trades represent a small share of the broader portfolio, which includes large positions in Nvidia, Microsoft, Apple, Amazon, and Boeing, with individual transactions reaching up to $5 million. The filing indicates strong gains across many of those holdings following a market rebound after a March selloff tied to geopolitical tensions.

The documents do not state whether Trump directed any trades. His assets sit in a family trust managed by his sons and external brokers. Ethics rules require disclosure of transactions but do not bar a sitting president from holding or trading stocks.

These Trump-linked purchase disclosures came as the Senate Banking Committee advanced the Digital Asset Market Clarity Act in a 15–9 vote, with Democratic Sens. Ruben Gallego and Angela Alsobrooks joined Republicans to move the sweeping crypto market structure bill forward despite fierce opposition from Elizabeth Warren and other Democrats over consumer protection, illicit finance and Trump-related ethics concerns.

The markup exposed a growing Democratic divide on crypto policy, as a bipartisan bloc backed key DeFi compromise language while progressive lawmakers warned the bill creates loopholes that could weaken anti-money-laundering enforcement and securities protections.