Crypto Giant Strategy Escapes Lawsuit, Stock Soars 2,160%
Strategy Continues To Avoid Legal Turmoil
Once again, Bitcoin treasury firm Strategy, formerly known as MicroStrategy, has escaped a lawsuit related to accounting practices. The case, filed in June by shareholders Abhey Parmar and Zhenqiu Chen, accused the company of lacking transparency in applying new accounting rules, as well as breaching fiduciary duties and mismanagement. However, the court has officially dismissed the claims. Just weeks earlier, another class-action lawsuit with similar allegations had also been dropped. Experts note that this is common, as multiple law firms often compete to be lead counsel in consolidated class-action cases.
Bitcoin Giant In The Hands Of Strategy
Strategy now holds a unique position as the world’s largest corporate owner of Bitcoin, with a massive stash of 638,460 BTC valued at around $72.5 billion at current prices. Originally a data analytics software company, Strategy has completely transformed into a “Bitcoin treasury,” allowing investors to gain exposure to the cryptocurrency through its Nasdaq-listed stock, MSTR. This bold pivot has delivered impressive results: the price of MSTR has skyrocketed from $14 in 2020 to $362 today, marking a staggering increase of more than 2,160% in just five years.
The Mark Of Michael Saylor
Driving this ambitious strategy is co-founder Michael Saylor, the face of Strategy. Since 2020, he has repeatedly emphasized that Bitcoin is the ultimate store of value and the best way to preserve shareholders’ wealth. Under his leadership, Strategy has become a model for other public companies seeking exposure to digital assets. However, the company has not been without controversy. In 2000, Saylor and other executives settled with the SEC over allegations of overstating revenue, agreeing to pay $11 million in penalties and disgorgement without admitting or denying the charges.
Conclusion
Despite facing multiple lawsuits throughout 2025, Strategy remains firmly positioned as the corporate “Bitcoin giant” on a global scale. With tens of billions of dollars’ worth of Bitcoin in its treasury and a stock price that has multiplied more than twentyfold, the company continues to capture investor attention and stands as a living testament to the power of a long-term Bitcoin strategy.
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