1ļøā£ Strategy vs. Class Action Lawsuit
āļø A class action lawsuit has been filed against Strategy, Michael Saylor, and the management covering the period from April 30, 2024, to April 4, 2025
š Allegations include failure to disclose accounting risks and Bitcoin volatility following changes in accounting standards
š”ļø The company promises an "energetic defense" against the SEC
2ļøā£ Despite the lawsuit, Strategy keeps buying
š° Strategy acquired 7,390 BTC at an average price of $103,498 per coin (totaling $764.9 million)
š The company now holds 576,230 BTC purchased for about $40.18 billion (average price $69,726 per coin)
š Unrealized gains at current prices are around $20 billion
3ļøā£ Metaplanet adds more BTC to its treasury
š The company bought an additional 1,004 BTC for $104 million
š Their total holdings are now worth over $812 million
šÆ They aim to hold 10,000 BTC by the end of the year (currently at 7,800 BTC) 0 reply
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