Trump Accounts Reveal MSTR Buy as Bitcoin Treasury Giant Rebounds

The Accounts Sold, Then Changed Direction

The sequence appears in federal financial disclosures covering accounts in which President Donald Trump is named as the beneficiary. An Office of Government Ethics Periodic Transaction Report posted Sept. 22 runs 37 pages and contains 1,156 securities trades from July alone.

Buried among them are three Strategy (Nasdaq: MSTR) Class A transactions. The accounts sold Strategy shares worth between $1,001 and $15,000 on July 8, bought the same dollar range on July 24, and then made the larger $50,001-to-$100,000 purchase on July 27. Strategy is the business intelligence (BI) company that largely pivoted into a full-fledged bitcoin treasury firm in 2020.

The selling had actually started earlier. A previous filing shows two Strategy sales on June 23 and June 24 totaling somewhere between $16,002 and $65,000. There were no Strategy purchases reported in June.

Then the stock got clobbered. Strategy, which had traded in the high $180s in May, sank as low as $81.81 shortly after those June sales. The accounts eventually flipped from sellers to buyers while MSTR was still hanging around its 2026 lows.

An 80% Move in Less Than Two Months

The numbers get pretty wild from there. Strategy closed at $91.67 on July 24, when the first repurchase was reported. By Sept. 22, shares closed at $167.33, leaving the stock roughly 80% higher about two months later. MSTR has lost a bit of steam since $BTC drifted lower on Wednesday, and by Wall Street’s close, shares were down more than 2%.