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Kash Patel delayed disclosure of $100,000-$250,000 Strategy stock purchase

Kash Patel delayed disclosure of $100,000-$250,000 Strategy stock purchase

The FBI director said he inadvertently omitted a November 2025 Strategy investment from an earlier ethics filing, prompting scrutiny under the STOCK Act because the Bitcoin-heavy company is also a U.S. government contractor tied to the Justice Department.

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Fact Check
The claim accurately reflects the NOTUS report. NOTUS reported that FBI Director Kash Patel failed to properly disclose a six-figure purchase (between $100,000 and $250,000) of MicroStrategy stock on Nov. 21, 2025, not disclosing it until May 26 in apparent violation of the STOCK Act's 45-day requirement. MicroStrategy is a bitcoin treasury company that has done millions of dollars of business with the DOJ. These specifics are independently corroborated by The New Republic and Yahoo News, and the source X post explicitly attributes the finding to NOTUS. The claim's characterization of a 'six-figure Bitcoin-linked investment in a company that had done business with the DOJ' is precise.
Summary

FBI Director Kash Patel disclosed a purchase of Strategy stock worth between $100,001 and $250,000 about six months after the November 21, 2025 trade, missing the 45-day reporting deadline required under the STOCK Act. Patel reported the transaction in an amended ethics filing on May 26, 2026, saying he had inadvertently omitted it from an earlier filing. Patel also said “no current conflict exists,” while Deputy Assistant Attorney General William Taylor wrote that he continued to believe Patel was complying with applicable conflict-of-interest laws and regulations. Watchdogs said the filing was plainly late under the statute. Strategy, formerly MicroStrategy, is the largest corporate holder of Bitcoin and a registered U.S. government contractor that has done millions of dollars of business with the Justice Department, which oversees the FBI. Strategy shares have fallen nearly 48% since Patel’s purchase date.

Terms & Concepts
  • Strategy: The company formerly known as MicroStrategy, which is the largest corporate holder of Bitcoin and a registered U.S. government contractor.
  • STOCK Act: A U.S. law requiring covered federal officials to report qualifying securities trades within set deadlines, generally within 45 days.
  • conflict-of-interest laws: Rules meant to prevent public officials’ financial interests from improperly intersecting with their government duties.