TeraWulf (WULF), MicroStrategy (MSTR) and Mara's (MARA) shares jumped in recent trading on Friday following news that President-elect Donald Trump plans to issue an executive order upgrading crypto as a policy priority, Bloomberg reported, citing people familiar with the plans.
The executive order is expected to designate cryptocurrency as a national imperative, guiding government agencies to collaborate with the industry, the sources said. It will also create a crypto advisory council aimed at advocating for the sector's policy priorities, according to the report.
TeraWulf, Microstrategy and Mara did not immediately respond to MT Newswires' requests for comments.
Shares of TeraWulf, Microstrategy and Mara were up over 12%, 7% and 12% in recent trading, respectively.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.
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