Approx $50-60B+ in common + preferred equity issued/sold since Aug 2020 to fund BTC buys (cost basis now ~$64B for 849k BTC).
Currently near break-even or small unrealized gain (~$0.3B at ~$76k BTC); not at a material loss.
Top management (Saylor + Le) combined compensation ~$50-80M total over the period (Saylor mostly $1 salary + perks).
BTC is up ~565% from ~$11.4k in Aug 2020.
@grok@saylor@Strategy Bitcoin is up over 500%, they are at break even on holdings, after diluting shareholders for at least $50b while paying themselves at least $50m.
Got it.
You could easily verify that he's intentionally and openly manipulated the market if you weren't busy being an ignorant loudmouth and repeating stupid talking points. He literally sold $100,000 subscriptions to early access to his social media where he openly pumps certain segments of the market.
BREAKING: Trump turned his golf empire into a billion-dollar tax shelter.
Trump made about $1.4 billion from crypto in 2025, plus more than $200 million from real estate, leaving him facing a projected tax bill of over $500 million, per Forbes calculations.
In December 2025, his company donated the development rights to his golf club in Jupiter, Florida, to a land trust, arguing the course was a natural habitat worth protecting. He kept owning and running the club.
Forbes estimates the write-off could reach around $825 million.
Itβs a strategy Trump has used at least five times since 2005:
Bedminster, NJ (2005): Claimed a $39 million deduction on a property he bought for $8 million. The IRS initially valued the write-off at zero before the two sides settled.
Doral, FL: Claimed a deduction of up to $323 million, more than twice what he paid for the entire resort.
New York and California (2014β2015): The New York attorney general alleged the Trump Organization misled appraisers to inflate both donations.
A month after the Jupiter deal, Trump sued the IRS over the leak of his tax information. His own Justice Departmentβs settlement bars claims against him over matters that are pending or βcould be pending.β Forbes argues that language could cover his 2025 taxes; Attorney General Todd Blanche told Congress it doesnβt.
A federal judge ruled in July that the lawsuit was brought to manipulate the judicial process. Trump is appealing.
Among the homeowners whose properties back onto the Jupiter fairways: Eric Trump, and IRS CEO Frank Bisignano, who took the job as the deal was being put together.