⚠️ Strategy and its CEO #MichaelSaylor face class action lawsuit
The plaintiffs accuse the company of misleading #investors , making three key claims:
🟦 Insufficient disclosure of $BTC risks. The company allegedly failed to inform investors about the high volatility of #BTC .
🟦 Overstating the Profitability of BTC Strategy. Strategy, according to the plaintiffs, overstated the potential profitability of its BTC investments.
🟦 Failure to Notify of Potential Losses Due to New Accounting Standards: The company failed to warn shareholders of potential financial losses associated with changes in accounting rules for cryptocurrencies.
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