Bitcoin Investment Firm Faces Lawsuit for Alleged Misleading Statements about Profits

Strategy, a prominent Bitcoin-focused intelligence firm co-founded by Michael Saylor, is now entangled in a legal dispute stemming from accusations of misleading investors about its financial performance. A class action lawsuit has been filed against Strategy and its leadership, including co-founder Michael Saylor, CEO Phong Le, and CFO Andrew Kang. The plaintiff’s claim centers around false and misleading statements regarding the company’s profits and risks related to its substantial Bitcoin holdings.

Copyright © 2025 xpool.eu