Surprise, surprise! Investors in Michael Saylorās āMasterclass in Risk Managementā have decided to *yawn* and walk away from their lawsuit. Turns out chasing a company that treats Bitcoin like a piƱata might not be worth the effort. š
The legal team at Pomerantz LLP probably needed a stiff drink after filing this one back in May. Accusing Strategy of āmisleading statementsā is like blaming a cat for knocking over a vase-*obviously* chaotic energy, but did you really expect stability? šā¬
Investors claimed the firm āoverstated profitsā and āunderstated risks.ā Jokeās on them, right? Bitcoinās a rollercoaster with a one-way ticket to volatility town. But hey, at least they didnāt use the word āunprecedentedā in court. š
Bloomberg spilled the tea on August 29: lawsuit dismissed, and Strategyās Bitcoin stash is now worth a cool $68.5B. Meanwhile, their stockās up 152% in a year. Congrats, youāve outsmarted the haters⦠or maybe everyoneās just too distracted by the shiny digital rocks. š
Growth Spurt or Collective Delusion? You Decide
With this dismissal, Strategy can now fully focus on their endgame: becoming the Elon Musk of Bitcoin (without the memes⦠yet). š
So, whoās buying the ātransparency concernsā line? Because nothing says ātrust usā like a class-action dismissal and a treasure chest of crypto. š“ā ļø
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2025-08-30 10:13