Strategy Lawsuit Claims Misleading Investors About Bitcoin Risks

MicroStrategy-turned-Strategy is facing a class action lawsuit alleging it failed to disclose material accounting changes impacting its reporting of bitcoin holdings. The firm reportedly accumulated over 576,000 BTC in mid-May 2025, despite legal pressures. The complaint, filed under federal securities fraud regulations, names top executives Michael Saylor, Phong Le and Andrew Kang. Plaintiff Anas Hamza claims the company misrepresented financial risks associated with its bitcoin investment strategy.