What's Going On With Strategy Stock Friday?

Strategy Inc. (NASDAQ: MSTR ) stock rose more than 3% in Friday premarket trading as crypto-linked stocks gained following new regulatory developments. Nasdaq futures rose 0.34%, while S&P 500 futures slipped 0.12%. SEC Move Lifts Crypto-Linked Stocks Crypto-related stocks moved higher after the Securities and Exchange Commission announced a five-year exemption tied to tokenized stock trading, according to Pro. The Commodity Futures Trading Commission also issued a no-action position covering certain passive software providers that partner with regulated entities. The regulatory developments helped improve sentiment toward crypto-linked companies. Strategy, which holds Bitcoin as its primary treasury reserve asset, often moves alongside broader cryptocurrency sentiment. Strategy Tests Key Technical Level Strategy traded at $136.60, about 5.2% above its 20-day simple moving average of $129.57. The stock was also 24.3% above its 50-day SMA of $109.61. However, shares remained just below the 200-day SMA of $137.13. That puts the stock near an important long-term technical level. Momentum signals remain mixed. The MACD is below its signal line, while its histogram is negative. Meanwhil