Strategy is accused of inflated claims about the profitability of BTC strategy

😁 A class action lawsuit has been filed against Strategy and its management, including Michael Saylor, on behalf of investors who purchased shares from April 30, 2024, to April 4, 2025.

The essence of the claims:

🟢 Inflated claims about the profitability of investments in $BTC

🟢 Lack of warnings about volatility risks

🟢 Violation of the U.S. Securities Act (1934)

💬 Anas Hamza (representative of the plaintiffs):

"Investors suffered losses due to misleading information"

The accusations concern:

1️⃣ Michael Saylor (founder, former CEO)

2️⃣ Andrew Kanga (CFO)

3️⃣ Fong Le (CEO)

🔺 Strategy stated that it will vigorously defend itself in court

🌀 Previously, Coinbase considered the idea of copying Strategy's investment strategy in BTC but declined, citing internal risks.

#bitcoin #CryptoNews #strategy #MichaelSaylor #CryptoInvesting

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