President Trump Discloses Coinbase, Robinhood and Bitcoin Mining Stock Trades

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- President Trump filed two 278‑T ethics reports on Thursday, documenting over 3,000 securities trades exceeding $1,000 each, with late fees for the 100‑page filings.
- Coinbase (COIN) was the largest crypto‑related holding, with a February 10 purchase in the $100,001‑$500,000 range and a subsequent purchase between $50,001‑$100,000.
- Robinhood (HOOD) shares were bought on March 17 in a transaction exceeding $100,000, the only other crypto‑related equity above that threshold.
- MARA Holdings (MARA) and Cleanspark (CLSK) each saw trades in the $15,001‑$50,000 range, reflecting smaller exposure to Bitcoin mining firms.
- Trump Organization said all of the president’s investment accounts are fully discretionary and managed by independent third‑party institutions, with no input from Trump or his family on specific trades.
Why it matters: Investors in Coinbase and Robinhood face heightened scrutiny and volatility as the president’s sizable purchases signal personal confidence, while the Trump Organization’s claim of hands‑off management prompts scrutiny over potential conflicts of interest under the pending Clarity Act.