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Barchart
Wajeeh Khan

Is MicroStrategy Stock a Buy, Sell, or Hold as Trump Announces Strategic Bitcoin Reserve?

MicroStrategy (MSTR) opened about 15% up on Monday after President Donald Trump announced plans for a strategic Bitcoin (BTCUSD) reserve. 

“I will make sure the U.S. is the crypto capital of the world,” Trump wrote on Truth Social, adding that other valuable cryptocurrencies like Ethereum (ETHUSD), Solana (SOLUSD), XRP (XRPUSD), and Cardano (ADAUSD) “will be at the heart of the reserve” as well. 

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