A collective lawsuit of the group of investors against the largest public holder of bitcoins – Strategy and its leading composition was sent to the Federal Court of the Eastern District of Virginia.

Anas Hamza spokesman made claims on behalf of a group of investors who acquired securities Strategy from April 30, 2024 to April 4, 2025. The plaintiffs refer to the violation of the US law on securities and exchanges from 1934.

According to the plaintiff, the company provided investors misleading information regarding the potential profitability of the strategy associated with Bitcoin investments, and did not report possible risks associated with high volatility of cryptocurrency.

The unreliable and exaggerated statements about the company’s designed profit from the bitcoin strategy led to losses for investors who bought shares in the specified period, and now requiring compensation for financial losses, the representative of the prosecution explained.

Hamza emphasized that the plaintiffs affected the founder and executive chairman of Strategy Michael Saylor, financial director Andrew Kang and General Director Fong Le (Fong Le).

In turn, Strategy stated that they intend to decisively defend themselves in court and prove the failure of the claims of investors who filed a collective lawsuit.

Earlier, Coinbase, CEO of the American Crypto -Railway, Brian Armstrong, said that the company planned to invest part in bitcoins following the example of the largest cryptocurrency holder, Strategy, but then abandoned this idea.