Bernstein: Strategy set to benefit from Trump’s national crypto reserve

Wall Street-based research and brokerage firm Bernstein said Strategy, formerly known as MicroStrategy (ticker: MSTR), will be a major beneficiary of Donald Trump’s plan to create a national cryptocurrency reserve, according to DL News. The firm noted that Bitcoin (BTC) will likely make up most of the reserve, potentially driving its price to $200,000. On March 2, Trump listed on his social media Bitcoin, Ethereum (ETH), Solana (SOL), XRP and Cardano (ADA) as the five cryptocurrencies expected to be included. Bernstein analysts speculated that BTC, ETH and SOL will dominate the reserve, benefiting Strategy, which holds about 444,262 BTC, the largest amount owned by a single company.