Strategy Inc. shares climbed just over 16% on Friday, rising $21.67 to close at $153.92, as crypto-related stocks broadly advanced after the SEC approved a temporary "Innovation Exemption" allowing certain venues and liquidity providers to facilitate trading in tokenized U.S.-listed stocks. The move followed two weeks of choppy trading for the stock, which operates as both a Bitcoin Treasury Company and an enterprise analytics software provider. Strategy holds approximately 845,050 Bitcoin as a treasury reserve, financed through equity, debt, and preferred securities. Volume reached 53.9 million shares, roughly 1.96 times the one-month average, and the stock's one-month return stands at 35.39%.
MicroStrategy IncorporatedSEC's Innovation Exemption allowing tokenized U.S.-listed stock trading lifted Strategy shares 16% as a crypto-linked equity.
BitcoinSEC opening the door to tokenized stock trading signals a more crypto-friendly regulatory stance, supportive for Bitcoin.
