Law Firm Sues Michael Saylor's Strategy Over Misleading Bitcoin Claims

Law Firm Sues Michael Saylor's Strategy Over Misleading Bitcoin Claims

Michael Saylor’s Strategy Sued For Hiding $5.9B Bitcoin Loss, Investors Shocked

Michael Saylor’s Strategy, the largest corporate holder of Bitcoin, is under fire as New York-based law firm Pomerantz LLP files a major class action lawsuit claiming the company misled investors about its Bitcoin strategy. Filed in Virginia’s Eastern District Court, the lawsuit accuses Strategy and its CEO, Michael Saylor, of hiding crucial facts between April […]

Strategy Faces Lawsuit For Alleged False Bitcoin Statements - Data Intelligence

Strategy sued for allegedly misleading investors about Bitcoin plan profitability returns. Lawsuit covers shareholders from April 2024 to April 2025 in Virginia. Investors claim Strategy hid Bitcoin risks while buying billions worth of crypto. A big legal challenge has hit Strategy, the company once known as MicroStrategy. This week, the New York-based law firm Pomerantz LLP filed a class action lawsuit against the company. The Strategy lawsui…

Is MicroStrategy the bitcoin bank Hal Finney dreamed of?

When bitcoin (BTC) was at $0.30, Hal Finney wrote in December 2010, “there is a very good reason for bitcoin-backed banks to exist.” Fast-forward 14 years, and Michael Saylor announced that his MicroStrategy (MSTR) “endgame is to be the leading bitcoin bank.” Outranked only by Satoshi Nakamoto, Blackrock’s IBIT ETF, and vanishingly few other holders of bitcoin (BTC), Saylor’s company holds 3% of the circulating supply in its $65 billion treasury…

Pomerantz LLP Sues Strategy Over Alleged Misleading Claims

On July 3, 2025, the New York-based legal firm Pomerantz LLP filed a class action complaint against Strategy (previously MicroStrategy). They say the corporation lied to investors about how profitable and risky its Bitcoin investing strategy was.  The complaint, filed in the Eastern District Court of Virginia, is on behalf of stockholders who bought Strategy securities between April 30, 2024, and April 4, 2025, and claims that the company broke …

MSTR Deadline Approaching on July 15, 2025: Kessler Topaz Meltzer & Check, LLP Reminds MicroStrategy Incorporated d/b/a Strategy (MSTR) Investors of Class Action Lawsuit Deadline

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