FBI Director Kash Patel Discloses Stock Purchase in Bitcoin Firm Amid Market Decline
FBI Director Kash Patel disclosed a stock purchase in Bitcoin firm Strategy, which has dropped 44% since his investment. The transaction was revealed months after its completion, leading to significant losses for Patel. This report is based on information from Decrypt.
FBI Director Kash Patel revealed a significant purchase of stock in Bitcoin treasury company Strategy, totaling between $100,000 and $250,000. This investment took place on November 21, 2025, when Strategy shares were trading at approximately $181. However, the stock has since fallen approximately 44% to about $100.55 at the time of disclosure.
Patel failed to originally declare this stock buy in a financial disclosure required by federal law, which mandates that government officials report transactions exceeding $1,000 within 45 days. He later amended his disclosure in late May 2026, explaining the omission as "inadvertent." As a result of this decline in Strategy's stock price, Patel's investment could have lost him between $44,000 and $110,000, assuming he still holds the shares.
Strategy, known for being the world’s largest corporate holder of Bitcoin, has accumulated over 847,000 Bitcoin, valued at more than $52 billion at current prices. The company's strategy of stockpiling Bitcoin has faced challenges due to the prolonged downturn in the cryptocurrency market, during which Bitcoin's value has fallen from over $106,000 to its recent price around $61,933.
As Bitcoin's price has declined by over 41% in the past year, Strategy's stock has fared even worse, plunging over 77% from highs of $442 last summer when Bitcoin was experiencing a surge. Analysts are predicting a continued decline, having recently reduced the stock's price targets from $400 to $260 amid concerns about Bitcoin's ongoing market weakness.
This situation highlights the volatility of investments in the cryptocurrency sector and raises questions about compliance and transparency among high-ranking officials regarding financial disclosures.
Summary based on original reporting by Sander Lutz at Decrypt, originally published Jul 2, 2026. SolanaWire does not republish source content.
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