Riley Boosts Strategy Target to $195 on SEC Exemption and Trump-Xi Meeting

B. Riley Securities has increased its price target for Strategy (NASDAQ: MSTR) to $195, citing two significant events that could inject momentum into digital asset-linked equities.

The first event is the SEC's 'Innovation Exemption' for tokenized securities, which allows Tokenized Securities Venues to facilitate trading without registering as full exchanges. This exemption runs through September 17, 2031, and B. Riley sees it as a structural tailwind for companies like Strategy.

The second event is the Trump-Xi meeting scheduled for September 24, which could further boost digital asset markets. As the largest corporate holder of Bitcoin, Strategy sits squarely in the crosshairs of this trade.

B. Riley attributed the current rally in digital assets to liquidity and sentiment factors, rather than any fundamental shift in underlying business models or Bitcoin's supply dynamics.