Surprise, surprise! Investors in Michael Saylorâs âMasterclass in Risk Managementâ have decided to *yawn* and walk away from their lawsuit. Turns out chasing a company that treats Bitcoin like a piĂąata might not be worth the effort. đ
The legal team at Pomerantz LLP probably needed a stiff drink after filing this one back in May. Accusing Strategy of âmisleading statementsâ is like blaming a cat for knocking over a vase-*obviously* chaotic energy, but did you really expect stability? đâŹ
Investors claimed the firm âoverstated profitsâ and âunderstated risks.â Jokeâs on them, right? Bitcoinâs a rollercoaster with a one-way ticket to volatility town. But hey, at least they didnât use the word âunprecedentedâ in court. đ
Bloomberg spilled the tea on August 29: lawsuit dismissed, and Strategyâs Bitcoin stash is now worth a cool $68.5B. Meanwhile, their stockâs up 152% in a year. Congrats, youâve outsmarted the haters⌠or maybe everyoneâs just too distracted by the shiny digital rocks. đ
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). đ
So, whoâs buying the âtransparency concernsâ line? Because nothing says âtrust usâ like a class-action dismissal and a treasure chest of crypto. đ´â ď¸
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2025-08-30 10:13