A class action lawsuit has been filed against Strategy and Michael Saylor.
The core of the case — misleading statements about the company’s Bitcoin strategy.
Strategy claimed that investing in BTC was supposedly a way to preserve capital, outpace inflation, and ensure sustainable growth. However, according to the plaintiff, these statements were not just overly optimistic — they deliberately distorted the real level of risk associated with cryptocurrency.
The lawsuit also points out that the company failed to disclose full information about the impact of the new accounting standard for crypto assets, which could significantly affect Strategy’s financial results.
According to the plaintiff, investors made decisions based on false confidence created by public statements from Saylor and Strategy’s leadership — and ended up suffering losses.
Nothing new to me, really. And the price hasn’t even started falling yet.
