MicroStrategy Drop 2.35% On Overnight Trading After Trump’s Inauguration Speech Sidelines Cryptocurrency, Bitcoin Retreats Below $102K

MicroStrategy Inc. (NASDAQ:MSTR) shares dropped 2.35% in overnight trading on Robinhood Markets on Tuesday, falling to $386.80 as cryptocurrency markets reacted to President Donald Trump‘s inauguration speech that notably omitted any mention of digital assets.

What Happened: The enterprise software company, which holds over $45 billion in Bitcoin (CRYPTO: BTC), had seen its stock surge 8.04% to $396.50 on Friday amid optimism about Trump’s anticipated crypto-friendly policies.

The company’s executive chairman Michael …

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