These 10 Stocks Defied Tuesday’s Bloodbath

7. MicroStrategy Incorporated (NASDAQ:MSTR)

MicroStrategy Incorporated, doing business as Strategy, jumped by 9.66 percent on Tuesday to finish at $275.15 each as investors cheered news developments on President Donald Trump’s planned cryptocurrency reserve.

On his social media account, Trump announced that he ordered the Presidential Working Group to move forward on a Crypto Strategic Reserve, which will include cryptocurrencies such as XRP, SOL, and ADA.

More than an hour later, he added a post saying that BTC and ETH would also be included.

“I will make sure the US is the Crypto Capital of the World,” Trump noted.

MSTR, which holds nearly 500,000 Bitcoins, saw its share prices spike by as much as 16.8 percent at intra-day trading on Tuesday alone.

It also pushed Bitcoin’s prices higher to retest the $94,000 level before traders turned sellers to drag it back to the $87,000 level as of this writing.