MicroStrategy, the Nasdaq-listed company known for its significant Bitcoin holdings, is set to announce details of its latest acquisitions on May 26th. Sources within the firm confirmed this information to London Insider. The announcement will occur via a press release and X account (formerly Twitter) operated by CEO Michael Saylor. This follows a pattern of MicroStrategy revealing purchases ahead of official announcements, as sources previously informed London Insider about BTC buys in recent weeks and months. 8K filings with the SEC are typically released on Tuesday following a Monday announcement, though this timeline is subject to change based on agency closures. This approach mirrors their strategy during November, when details were released on Veteran’s Day (a US public holiday) while the SEC filing was published on the next day. MicroStrategy has been aggressively buying Bitcoin in recent weeks as prices rise and institutional investors increase their interest. Last week’s purchases marked another addition to their ongoing weekly buy pattern. While this activity has yielded considerable gains, a class-action lawsuit against the company is pending. The plaintiffs allege that MicroStrategy overstated the profitability of its bitcoin strategy and failed to disclose investment and volatility risks. Despite the lawsuit, executives emphasize their conviction in Bitcoin as a long-term store of value, arguing for the redeployment of funds into digital assets over traditional options. Despite this bullish outlook, some news has been less celebratory. On May 16th, the company was named in a class-action lawsuit filed in US federal court. Plaintiffs claim that the company exaggerated its projected Bitcoin profitability and failed to adequately detail investment and volatility risks inherent in the cryptocurrency. They are seeking unspecified damages and other remedies. MicroStrategy counters that the allegations are baseless and will mount a strong defense, though the potential impact on their financial standing remains uncertain.