Bought 189 times in a month and a half, Trump purchased $51 million in bonds, including CoreWeave bonds.

Trump continued to expand his investment portfolio at the end of last year. According to the latest disclosures, Trump executed 189 purchase transactions in just a month and a half, acquiring at least $51 million in municipal and corporate bonds, including bonds from cloud computing service provider CoreWeave.

According to the latest disclosure documents released by the White House on Thursday (January 15), these transactions took place between November 14 and December 29 of last year. In addition to CoreWeave, the newly acquired assets also include bonds issued by Netflix, General Motors, Boeing, Occidental Petroleum, and United Rentals. The portfolio also covers municipal bonds issued by various cities, school districts, utility companies, and hospitals across the United States.

This is the latest example of Trump amassing wealth while in office. Since returning to the White House in January 2025, he has completed transactions worth at least $261 million, once again raising questions about potential conflicts of interest.

Analysts point out that this series of investments involves industries and companies that are directly affected by current government policy, raising market concerns over potential conflicts between the president’s personal finances and his public duties. Although the White House states that these transactions are executed by independent managers following index replication strategies and are not personally decided by the president, some of the held companies are currently under antitrust review or at critical points influenced by trade policies.

Transaction Scale & Disclosure Details

Bloomberg reports that, according to a report signed on January 14 and approved by White House ethics officials the following day, Trump conducted 189 purchases and 2 sales during that period, with sales totaling at least $1.3 million.

Because federal regulations only require disclosures of broad value ranges rather than specific prices, the precise transaction amounts are not clear, but the documents show the cost of newly acquired bonds totals at least $51 million. Additionally, the president revised an earlier report, changing the value of four transactions.

These disclosures further expand Trump’s extensive transaction record. In August last year, Trump reported 690 transactions since returning to the White House in January 2025, totaling at least $104 million. In subsequent November and December disclosures, he reported a total of $106 million in transactions.

Portfolio Companies & Policy Overlap

Among the latest list of bond purchases, many companies are currently involved in business activities closely linked to federal policy.

According to Bloomberg, Netflix is currently engaged in an intense competition with Paramount for Warner Bros., a merger viewed as a major test of the Trump administration’s antitrust stance. Trump has previously stated that regardless of who wins the merger, he plans to personally review the deal.

Additionally, during a visit to Ford’s Detroit factory last Tuesday, Trump specifically mentioned rival General Motors’ plan to relocate production of the Chevrolet Blazer and Equinox from Mexico back to the US, claiming this as a successful example of his tariff policies boosting domestic manufacturing.

In the aviation sector, Trump has repeatedly promoted Boeing aircraft during visits to countries such as Qatar and Japan.

Asset Management Structure

Unlike previous presidents, Trump has not divested his assets or placed them in a blind trust overseen by independent supervisors. His vast business empire is currently managed by his two sons, and the businesses span multiple areas intersecting with presidential policy.

In response to outside questions, a senior White House official stated during last August’s report release that Trump and his family members do not participate in specific investment decisions.

The official said these bond purchases were handled by independent financial managers using recognized index replication programs, and emphasized that the government's ethics office had approved the documents. Regarding the latest disclosure, another White House official stated that this situation remains unchanged.

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