Donald Trump discloses MicroStrategy stock purchases, White House cites independent management

U.S. President Donald Trump disclosed in his latest ethics filing that he purchased between $50,000 and $100,000 worth of MicroStrategy (MSTR) stock in July. The White House stated that Trump's investment portfolio is managed by a third party and that he has no personal involvement in the trades. The disclosure also revealed that Trump acquired Coinbase shares while selling holdings in mining firms MARA Holdings and CleanSpark. These transactions coincide with ongoing efforts by the SEC and CFTC to advance crypto-related regulatory frameworks despite legislative hurdles in Congress.