据称是因为涉及其比特币投资计划而被起诉

2025年5月19日，针对战略发起了集体诉讼，该诉讼曾被称为MicroStrategy及其领导人

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日针对战略提起了集体诉讼，以前称为MicroStrategy及其高管，包括执行董事长Michael Saylor，据称通过对其比特币投资策略做出虚假陈述来违反联邦证券法。

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.

阿纳斯·哈萨（Anas Hamza）提起的诉讼声称，策略通过夸大了以比特币为中心战略的盈利能力而误导了投资者，并且未能透露相关风险。反过来，这导致了该公司报告的59亿美元的实质性损失，这是该公司报告的。

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.

根据投诉，该公司的股价在2025年4月7日下跌了8.67％，此前该公司披露了该年度比特币持有率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）采取了策略，即于2020年开始购买比特币。该公司目前持有超过576,000 BTC，价值606亿美元，目前价格为606亿美元。策略采用了一种借款并出售股票的方法，以采用积极的策略来资助更多的比特币购买。

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.

诉讼称Saylor，Le董事和CFO Andrew为被告。它声称他们的陈述促使股东相信比特币国库战略是可持续的，而且有利可图。 Hamza代表据称由于这些虚假陈述而遭受损失的股东。

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.

该文件提到策略最近以7.69亿美元的价格购买了7,390 BTC，该策略于2025年5月19日以103,498美元的平均价格报道。投诉强调，该公司淡化了其资产的风险和波动性。

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一直是比特币的声音支持者，预测到2045年它可能会达到1300万美元。他将比特币吹捧为卓越的财富保存资产，领导了竞争比特币国库公司的策略。自2020年采用这一策略以来，该公司的股价飙升超过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，批评家认为，战略对比特币的大量曝光使其对股东的风险很高。投诉称，未公开的风险导致该公司在比特币价格下跌时承受着巨大的损失，从而影响了公司的财务稳定性。

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.

该行动是在美国弗吉尼亚州东部地区法院提起的，可以为从事比特币国库策略的公司树立先例。它的结果可能会影响对严重参与加密货币的公司的更严格的法规的实施。