Strategy Inc Sued After $5.9 Billion Bitcoin Loss Disclosure

On May 16, 2025, Strategy Inc, formerly MicroStrategy, was hit with a class action lawsuit in the U.S. District Court for the Eastern District of Virginia. Plaintiffs accuse the firm of misleading investors about the risks tied to its Bitcoin investment strategy. The case names CEO Michael Saylor, CFO Phong Le, and executive Andrew Kang […]

The post Strategy Inc Sued After $5.9 Billion Bitcoin Loss Disclosure appeared first on Coinchapter.