The company, which is changing its name to Strategy, has been buying bitcoin for its balance sheet over the past several years.

I will make sure the U.S. is the Crypto Capital of the World,” Trump said Sunday as he declared an executive order to create a strategic reserve of cryptos.

Bitcoin surged more than 20% from last week's lows on Monday and several other cryptocurrencies also rallied sharply after U.S. President Donald Trump raised the possibility of a new U.S. strategic reserve that would include a range of tokens.