A federal financial disclosure filed by Donald Trump on May 14 reveals that his portfolio purchased shares of MARA Holdings, Coinbase, and Strategy between January and March 2026.
Among more than 3,600 transactions listed across 113 pages, those three were the only crypto-related names in the entire filing.
What the Filing Actually Shows
The document is an OGE Form 278-T, the periodic transaction report required of senior government officials. The MARA purchase appears at line 1106 and is dated March 30, 2026, with the transaction reported in the $15,001 to $50,000 bracket.
These forms typically report only dollar ranges rather than exact amounts for individual trades. The filing also notes that the holdings are managed by a third-party financial institution rather than by Trump directly, which is an important caveat when interpreting the reported transactions.
Even with that caveat, the specific crypto-related investments are notable. MARA Holdings is the largest publicly traded Bitcoin miner in the United States by market capitalization. Coinbase is the dominant U.S. crypto exchange and one of the few crypto companies with an extended public trading history. Strategy is a company that holds more Bitcoin on its balance sheet than any other publicly traded firm.
These three names are not obscure picks; they rank among the most recognizable institutional proxies for Bitcoin exposure available on U.S. exchanges.
The disclosure also shows purchases of shares in Nvidia—whose CEO Jensen Huang accompanied the president on his first visit to China since 2017—as well as investments in Microsoft, Oracle, and Boeing. Those purchases were reported in the $1 million to $5 million range.
Trump-Linked Crypto Ventures Under Scrutiny
The president’s financial ties to the crypto industry have drawn scrutiny. One venture, American Bitcoin, a mining company with backing from Trump family members, reported an $82 million net loss in Q1 2026 despite mining a record 817 BTC during the quarter.
American Bitcoin’s CEO, Mike Ho, described the result as an accounting issue rather than an operational shortfall.
Another related project, World Liberty Financial, has faced more severe challenges. Its native WLFI token plunged to an all-time low late last month after a 16% single-day drop, trading around $0.05 at the time—well below its prior peak near $0.33.
World Liberty has also been under pressure from litigation and reporting. The project faced a lawsuit by Tron founder Justin Sun and coverage that linked one of its partners to individuals sanctioned by the U.S. Treasury in connection with alleged fraud operations in Southeast Asia.
Additionally, Massachusetts Senator Elizabeth Warren recently requested that the U.S. Securities and Exchange Commission investigate World Liberty, accusing the firm of potentially misleading investors or violating securities laws when it borrowed $75 million using WLFI as collateral.