Strategy Inc. (MSTR) advanced just over 16% on Friday, 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.
Shares rose $21.67 on the session
Seeking Alpha’s Disclaimer:This article was automatically generated by an AI tool based on content available on the Seeking Alpha website, and has not been curated or reviewed by humans. Due to inherent limitations in using AI-based tools, the accuracy, completeness, or timeliness of such articles cannot be guaranteed. This article is intended for informational purposes only. Seeking Alpha does not take account of your objectives or your financial situation and does not offer any personalized investment advice. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank.
Strategy (MSTR) executive chairman Michael Saylor appeared to signal that the company has made its first Bitcoin purchase since June 22, as Bitcoin (BTC-USD) approached $79K.
Saylor posted “We’re Back” on X, suggesting Strategy may have resumed Bitcoin accumulation after pausing purchases