MicroStrategy, Coinbase, and Crypto Stocks Tumble After Trump Levies Tariffs
FEATURE MicroStrategy Coinbase and other cryptocurrency stocks fell in premarket trading Monday after President Donald Trump announced sweeping tariffs on imports from China, Canada, and Mexico. MicroStrategy the largest corporate holder of Bitcoin,
Cryptocurrency analyst James Van Straten recommended having exposure to MicroStrategy Inc. (NASDAQ:MSTR) in the newly ...
MicroStrategy has spent years raising money via stock and debt offerings to buy Bitcoins. Now, the company is one of the ...
MicroStrategy Inc. said it didn’t buy any Bitcoin in the prior week, halting a string of 12 consecutive weekly purchases that ...
MicroStrategy stock was down in Tuesday morning trading after President Donald Trump’s inaugural address didn’t touch on his plans for Bitcoin. Shares of MicroStrategy were down 1.9% to $388. ...
MicroStrategy acquired 11,000 Bitcoin for $1.1 billion in cash the week before President Donald Trump’s inauguration at an average price of $101,191 per coin.
MicroStrategy (MSTR ... number of bitcoins and a more favorable political environment under President [Donald] Trump are likely sufficient catalysts for potential price appreciation." ...
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Trump on Saturday had directed that 25% tariffs on most imports from the two American partners — and 10% on Canadian energy ...
The US-Canada tariffs are paused for 30 days, driving Bitcoin to recover early losses. MicroStrategy and crypto stocks also rebound.
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