The Bitcoin-Belief company Strategy was lucky to avoid a claim from dissatisfied investors due to damage in the amount of $ 5.9 billion.
In the financial report for the first quarter of 2025, Strategy employees were forced to admit that the company suffered an unrealized loss of $ 5.9 billion due to investment in BTC, which was more than 11% for the reporting period. Obviously, this fact was frightened by the shareholders of the enterprise, and in May they filed a lawsuit against the Federal Court of the American state of Virginia, accusing the company and its directors of providing false information about the investigation strategy in cryptocurrency, which led to an underestimation of the risk associated with the high level of Bitcoin’s volatility.
Nevertheless, the descending trend on the BTC market was temporary, and the bull rally resumed. Thanks to this, on August 14, the digital asset course updated the historical maximum at $ 124.517, and Strategy’s profit from investment in BTC reached 53%. Moreover, the company took advantage of the recent dump to buy cryptocurrency twice.
Seeing that the plan of the Strategy leadership was fruit, investors recalled the lawsuit, formally explaining their decision. Therefore, thunderstorm clouds thickened over Strategy dispersed. However, it is impossible to exclude the likelihood of submitting similar claims against the company in the event of a protracted bear trend in the BTC market, which will lead to the loss of the institution at least on paper.
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Source: Cryptocurrency
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