Trump Sells MicroStrategy Shares, Buys into Two New Crypto Stocks
Donald Trump's investment firm, DJT Development, has sold all its shares of MicroStrategy, a company that specializes in Bitcoin holdings. The sale is part of a strategy to buy two other crypto stocks: Riot Blockchain and Marathon Digital Holdings.
The exact value of the MicroStrategy shares sold is not specified in the source. However, it's reported that DJT Development has invested in these two alternative stocks instead.
MicroStrategy is known for its large Bitcoin holdings, which have been bought at various market prices over time. The company's CEO, Michael Saylor, has been an advocate for investing in Bitcoin and other cryptocurrencies.