MicroStrategy is trading 11.18% up now at $147.04, significantly outperforming the broader market as Bitcoin rises 5.26% since the September 17 close, with the main catalyst being the SEC’s September 17 Innovation Exemption.

  • The exemption enables qualifying venues to trade tokenized U.S. stocks on-chain; Michael Saylor said it enables 24/7 tokenized MicroStrategy trading.
  • The regulatory development strengthens crypto-market sentiment and directly highlights MicroStrategy’s digital-asset positioning.