據稱是因為涉及其比特幣投資計劃而被起訴

2025年5月19日，針對戰略發起了集體訴訟，該訴訟曾被稱為MicroStrategy及其領導人

A class-action lawsuit was filed on May 19, 2025, against Strategy, formerly known as MicroStrategy, and its executives, including Executive Chairman Michael Saylor, for allegedly breaching federal securities laws by making false statements about its Bitcoin investment strategy.

2025年5月19日針對戰略提起了集體訴訟，以前稱為MicroStrategy及其高管，包括執行董事長Michael Saylor，據稱通過對其比特幣投資策略做出虛假陳述來違反聯邦證券法。

The lawsuit, filed by Anas Hamza, claims that Strategy misled investors by exaggerating the profitability of its Bitcoin-focused strategy and failing to disclose the associated risks. This, in turn, led to a substantial unrealized loss of $5.9 billion by Q1 2025, which was reported by the company.

阿納斯·哈薩（Anas Hamza）提起的訴訟聲稱，策略通過誇大了以比特幣為中心戰略的盈利能力而誤導了投資者，並且未能透露相關風險。反過來，這導致了該公司報告的59億美元的實質性損失，這是該公司報告的。

According to the complaint, the company’s stock price dropped by 8.67% on April 7, 2025, after the company disclosed a 16.3% return on its Bitcoin holdings for the year.

根據投訴，該公司的股價在2025年4月7日下跌了8.67％，此前該公司披露了該年度比特幣持有率16.3％。

Saylor steered Strategy to begin buying Bitcoin in 2020. The company currently holds over 576,000 BTC, valued at $60.6 billion at current prices. Strategy adopts an approach where it borrows and sells stock to fund more Bitcoin purchases, employing an aggressive strategy.

塞勒（Saylor）採取了策略，即於2020年開始購買比特幣。該公司目前持有超過576,000 BTC，價值606億美元，目前價格為606億美元。策略採用了一種借款並出售股票的方法，以採用積極的策略來資助更多的比特幣購買。

The lawsuit names Saylor, Director Le, and CFO Andrew as defendants. It alleges that their statements induced shareholders into believing that the Bitcoin treasury strategy was sustainable and highly profitable. Hamza is representing stockholders who allegedly suffered losses due to these false statements.

訴訟稱Saylor，Le董事和CFO Andrew為被告。它聲稱他們的陳述促使股東相信比特幣國庫戰略是可持續的，而且有利可圖。 Hamza代表據稱由於這些虛假陳述而遭受損失的股東。

The filing mentions Strategy’s recent purchase of 7,390 BTC for $764.9 million, which was reported on May 19, 2025, at an average price of $103,498. The complaint highlights that the company downplayed the risks and volatility of its assets.

該文件提到策略最近以7.69億美元的價格購買了7,390 BTC，該策略於2025年5月19日以103,498美元的平均價格報導。投訴強調，該公司淡化了其資產的風險和波動性。

Saylor has been a vocal supporter of Bitcoin, predicting that it could reach $13 million by 2045. He has touted Bitcoin as a superior wealth preservation asset, leading Strategy to pivot towards a Bitcoin treasury firm. Since adopting this strategy in 2020, the company’s stock price has surged more than 3,000%.

Saylor一直是比特幣的聲音支持者，預測到2045年它可能會達到1300萬美元。他將比特幣吹捧為卓越的財富保存資產，領導了競爭比特幣國庫公司的策略。自2020年採用這一策略以來，該公司的股價飆升超過3,000％。

However, critics argue that Strategy’s significant exposure to Bitcoin makes it highly risky for stockholders. The complaint claims that the undisclosed risks caused the firm to sustain substantial losses when Bitcoin’s price declined, impacting the company’s financial stability.

但是，批評家認為，戰略對比特幣的大量曝光使其對股東的風險很高。投訴稱，未公開的風險導致該公司在比特幣價格下跌時承受著巨大的損失，從而影響了公司的財務穩定性。

The action, filed in the U.S. District Court for the Eastern District of Virginia, could set a precedent for firms engaging in Bitcoin treasury strategies. Its outcome might influence the implementation of stricter regulations on corporations heavily involved in cryptocurrencies.

該行動是在美國弗吉尼亞州東部地區法院提起的，可以為從事比特幣國庫策略的公司樹立先例。它的結果可能會影響對嚴重參與加密貨幣的公司的更嚴格的法規的實施。