Strategy Inc. Stocks Surge Amid Crypto-Linked Regulatory Developments

Nasdaq futures rose 0.34% on Friday as crypto-linked stocks gained momentum following new regulatory developments, according to TradingView.

The Securities and Exchange Commission (SEC) announced a five-year exemption tied to tokenized stock trading, which lifted sentiment towards crypto-related companies.

Strategy Inc., which holds Bitcoin as its primary treasury reserve asset, saw its shares rise more than 3% in premarket trading. The company often moves in tandem with broader cryptocurrency sentiment.

The stock tested a key technical level after trading at $136.60, about 5.2% above its 20-day simple moving average of $129.57. However, shares remained below the 200-day SMA of $137.13.