Tag: Bitcoin Loss

  • Strategy Sued Over $5.9B Bitcoin Loss

    Strategy Sued Over $5.9B Bitcoin Loss

    MicroStrategy is facing a high-profile class action lawsuit following a staggering $5.9 billion unrealised Bitcoin loss. The legal complaint, filed in the Eastern District of Virginia (Docket No. 25-cv-00861), accuses the company and its executives of deceiving shareholders and manipulating crypto-related stock valuations. At the heart of the lawsuit is Michael Saylor, co-founder and Executive…