Strategy Inc (MSTR) stock jumped over 3% in premarket trading on Friday, reaching $136.60.
The move comes after the Securities and Exchange Commission announced a five-year exemption tied to tokenized stock trading, which boosted crypto sentiment.
Bitcoin rose 2.3% to $78,112 despite the Clarity Act failing in the Senate and a Fed rate hike, with Coinbase and Robinhood also seeing gains of 3.1% and 3.5%, respectively.
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