B. Riley Securities raised its price target for Strategy to $195 from $175 and maintained a Buy rating in a research note dated September 22, 2026. Strategy shares closed at $167.33, down 0.69% from the previous session, implying roughly 16% upside to the new target. The firm cited the SEC's five-year conditional Innovation Exemption for tokenized securities and the Trump-Xi meeting scheduled for September 24 as potential catalysts. The exemption allows qualifying platforms, including Tokenized Securities Venues, to facilitate trading in tokenized stocks without registering as full exchanges, potentially extending equity trading beyond regular NYSE and Nasdaq sessions. Strategy, the largest corporate holder of Bitcoin, has built its treasury through debt issuance and equity offerings under Michael Saylor's leadership.