FBI Director Kash Patel revealed six coins in the The way (MSTR), the world’s largest Bitcoin company, six months after the deadline set by federal regulations, according to the report from NOTUS. The failure has also fueled a dispute over the stock market with government officials and raised questions about the potential conflict.
Patel bought between $100,001 and $250,000 in Strategy shares on November 21, 2025. He did not report these transactions to regulators until May 26, 2026, a gap of more than 180 days. The Stop Trading on Congressional Knowledge (STOCK) Act they want Branch officers to disclose stock trades of more than $1,000 within 45 days of the transaction.
In his May 26 letter to the Office of Government Ethics, Patel said the ad was “inadvertently omitted” from previous filings. Two days later, Deputy Attorney General William Taylor said the incident was due to a miscommunication, and an FBI official told NOTUS that the late report was “unexpected and accidental.”
Violators of the first provision of the STOCK Act face a fine of $200. The Ministry of Justice, which can impose or reduce punishment, did not fine Patel. The office said the proposed action was reviewed and approved by the DOJ’s ethics officer.
Why Patel’s failure to attract attention
Strategy, a company led by Michael Saylor, he pioneered a type of Bitcoin-treasury company and has more than 760,000 BTC. Products they work as a proxy on the price of Bitcoin, which makes it one of the most direct ways to bet Bitcoin through a lending account. Shares of Strategy have lost nearly half their value since the day Patel bought them.
The reputation of the company is the main concern. The FBI, which is under Patel, plays a major role in the establishment of cryptocurrency, and Patel promoted the profile.
In a June 19 letter to X, he warned fraudsters that “this FBI will find you, and we will judge you.” A few weeks before the acquisition, he released a lawsuit that seized nearly $15 billion
Strategy has done millions of dollars in business with the Department of Justice, of which the FBI is a part, along with the Departments of Health and Human Services, Defense, and Government over the past decade, according to the report.
Taylor insisted that Patel’s involvement does not create a conflict of interest with his management of the organization.
Patel is no stranger. Vice President JD Vance to be revealed up to $500,000 in Bitcoin, and President Trump and his sons reported more than $1 billion in crypto-related earnings last year.
