President Donald Trump has pivoted his crypto exposure from his own meme coin to corporate Bitcoin plays, according to new federal filings. The Office of Government Ethics Form 278-T, released this week, shows Trump and his family bought shares in MARA Holdings, Coinbase, and Strategy — the three biggest names in Bitcoin mining, exchange, and corporate treasury — during the first quarter of 2026. The disclosure lands as Trump's self-titled Official Trump (TRUMP) token sits more than 80% off its peak.
What the Ethics Filing Shows
The OGE form, which covers January through March 2026, lists over 2,000 transactions across a range of stocks. Total trade value falls somewhere between $220 million and $750 million — the filing only reports dollar ranges, not precise figures. A single Coinbase purchase on February 10 was valued between $100,001 and $250,000. Two smaller buys of MARA Holdings each came in below $50,000. Strategy (MSTR) saw eight trades including both buying and selling; the largest buy on February 12 was between $50,001 and $100,000, and the largest sale on January 12 was between $15,001 and $50,000.
From TRUMP Token to Corporate Exposure
The timing is striking. Trump's own meme coin, launched in early 2025, has crashed more than 80% from its high. Meanwhile, the new stock positions suggest a more institutional bet on Bitcoin's price appreciation through publicly traded companies with deep BTC holdings. The president also bought shares in Robinhood, Block Inc., PayPal, SoFi Technologies, Nvidia, Microsoft, Oracle, and Boeing — some trades in the $1 million to $5 million range. Not all are crypto-related, but the cluster of Bitcoin-linked picks stands out.
A Busy Quarter for the First Family
Trump's assets are held in a family trust managed by his children, and some trades were executed through third-party firms. The filing does not show whether any of the trades resulted in profit or loss — only the range of value at the time of the transaction. That leaves a key question open: did the family buy the dip or chase the rally? The full portfolio picture won't be clear until subsequent filings land later this year.
