According to Daily Beast, FBI Director Kash Patel reported holding between $100,001 and $250,000 in Strategy stock, with the disclosure coming more than six months after the November 21 purchase. Under the STOCK Act, senior federal officials must report covered securities transactions above $1,000 within 45 days. Patel's filing to the Office of Government Ethics arrived on May 26, exceeding the deadline by over six months; he said the trade was inadvertently omitted from an earlier report.
Strategy, formerly known as MicroStrategy, is the world's largest publicly traded Bitcoin treasury company. The late filing has drawn criticism from ethics watchdogs over transparency concerns, particularly given the FBI and Justice Department's central roles in crypto enforcement. The Justice Department has defended the holding as not creating a conflict with Patel's position. Patel has not yet faced the standard $200 penalty typically applied to first-time STOCK Act violations.