Class Action Lawsuit Filed Against Strategy Over Alleged Bitcoin Misleading

On May 16, a class action lawsuit was filed against Michael Saylor's Strategy (previously MicroStrategy) and its top executives, including President and CEO Phong Le and Chief Financial Officer Andrew Kang. The plaintiff, Anas Hamza, alleges that the Bitcoin BTC BTC - $90471.684 proxy firm misrepresented crucial aspects of its Bitcoin investment strategy, potentially violating federal securities laws.

Source: bitcoinist.com

Related symbols: BTCUSD

2025-05-20 12:14:03 GMT.

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Price & Market Data

Price: $90471.684

Volume 24h: $81,557,900,622.16

Market Cap: $1,805,956,677,992.70

Description

Bitcoin (BTC) is a cryptocurrency launched in 2010. Users are able to generate BTC through the process of mining. Bitcoin has a current supply of 19,960,137. The last known price of Bitcoin is 92,881.70527821 USD and is up 2.97 over the last 24 hours. It is currently trading on 12494 active market(s) with $64,690,251,324.95 traded over the last 24 hours. More information can be found at https://bitcoin.org/.