Lawsuits piling up against Strategy could take years, go nowhere, lawyer says

Key Points

1. At least seven law firms have filed complaints against Strategy, questioning its crypto investment strategy and financial disclosures.

2. Strategy holds over 601,550 BTC and continues to accumulate Bitcoin, recently purchasing $472 million worth despite ongoing lawsuits.

3. The lawsuits could take years to resolve, with legal experts describing them as a 'multi-year process' that may not succeed.

4. Strategy reported an unrealized fair value loss of $5.9 billion on digital assets in Q1 2025, contributing to investor concerns.

5. The company's share price dropped 8.7% on April 7, further fueling legal scrutiny over its financial transparency.