According to CoinDesk, FBI Director Kash Patel purchased shares of Strategy (MSTR), a company that holds Bitcoin, for between $100,000 and $250,000 on November 21, 2025, but did not disclose the transaction to regulators until May 26, 2026—more than six months late—violating the STOCK Act’s 45-day disclosure requirement. Patel later explained to the Office of Government Ethics that the omission was an unintentional result of "miscommunication." Dylan Hedtler-Gaudette of the government oversight group Project on Government Oversight condemned the conduct as "illegal" and called for a complete ban on stock trading by federal officials. On May 28, Assistant U.S. Attorney William Taylor wrote a letter stating that the transaction did not constitute a conflict of interest, and the DOJ has not imposed any fines at this time.
FBI Director Kash Patel Fails to Disclose MSTR Stock Holding for Over Six Months
TechFlowShare
Summary
FBI Director Kash Patel failed to disclose a six-figure stake in MicroStrategy (MSTR) for over six months, violating the STOCK Act’s 45-day reporting requirement. Patel purchased between $100,000 and $250,000 worth of MSTR stock in November 2025 but did not file the disclosure until May 2026, attributing the delay to a “communication breakdown.” POGO labeled the delay illegal and renewed calls for a ban on federal stock trading. The DOJ stated the holding presented no conflict of interest. As risk-on assets gained momentum, the case reignited debate over ethics and CFT (Countering the Financing of Terrorism) compliance in public office.
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