Saylor Teases Record Bitcoin Buy—As Strategy Faces $5.9B Loss Lawsuit and Investor Fury

Michael Saylor, Executive President of the Strategy (formerly Microsthegy), indicated another purchase of bitcoins, although the company faces a court associated with the loss of the first quarter of $ 5.9 billion and the growing anger of investors.

On Sunday, Saylor published The graph of past bitcoin strategy shops on X, the headline: “Nothing stops this orange.” The cryptic report reflects the past posts that preceded the company with new Bitcoin purchases.

Nothing stops this orange pic.twitter.com/nwtixwl4mt

– Michael Saylor (@SaYlor) June 22, 2025

The strategy currently holds about $ 592,100, now worth more than $ 59 billion, with bitcoin trading is traded just below $ 101,000, making it the largest Bitcoin holder among public companies. This number represents almost 2.8% of the total offer.

The strategy faces a class action over the unrealized loss of bitcoins, accusations of selling initiated persons

The contribution comes with increasing control. On Thursday, Saylor and other strategy were sued at the Federal Court in Virginia. The court of court was filed by the shareholder Abhey Parmar, accused by Saylor, the CEO of Phong Le, the CFO Andrew Kang and four members of the Board of Directors who violated their trust and misleading investors before the company’s earnings report in Q1.

Judicial action focuses on adopting a new Council for Financial Accounting Standards (FASB) rule in January. The rule has made it possible to mark the cryptometers at their real market value from the balance sheet.

According to the lawsuit, the change caused the strategy to show an unrealized loss of $ 5.9 billion on its bitcoin tenure, which was published in early April. This report launched nearly 9% decrease of society Stock price.

Parmar claims that the company management could not fully disclose how the change of accounting could affect its funds. They also claim to have downplayed the risks of Bitcoin volatility.

“The profitability of the company in the application of its investment strategy of controlled bitcoins and the possibilities of the treasury were significantly less profitable than represented,” he said.

In addition, the action accuses managers of unloading the company, while its price was still inflated. Parmar claims that he sold shares for personal profit before the loss became public, and collected a combined $ 31.5 million.

He also accuses a group of corporate waste, gross poor management and abuse of their control.

Saylor did not publicly comment on the action, but continues to express confidence in Bitcoins.

In a recent post, he predicted The price of one bitcoin could reach $ 21 million over 21 years, which is a bold claim that lasted an explanation, but emphasized its long -term vision.

$ 21 million for 21 years

– Michael Saylor (@SaYlor) June 21, 2025

Saylor under the fire but adds to the Bitcoins magazine in the middle of the market

In mid -May a company was hit by a proposed court for classaccusations of misleading shareholders of risks linked to a new Bitcoin accounting method.

The strategy of the action filed by the investor Anas Hamza could not fully disclose the impact of the acceptance of the crypt of the FASB -FASB accounting rule, which contributed to the reported unrealized loss Q1 and 8.67% of the decrease in MSTR 7 shares 7.

Commentators are afraid of @Microstrategy A court action for a class stipulates a precedent for wider enforcement and represents a threat to society $ Btc adoption.#Bitcoin #Strategy #Lawsuithttps://t.co/axm2cqthjl

– Cryptonews.com (@cryptonews) May 20, 2025

Suit name President Michael Saylor, CEO of Phong Le and CFO Andrew Kang as defendants, claims that they have misrepresented the “expected profitability” of the strategy and downplayed the risk of bitcoins.

A concrete objective is to focus the company on the yield of BTC, a metcoin holding ratio of the ratio between bitcoin holdings and ordinary shares claiming to have covered the potential disadvantage of volatile price fluctuations according to the new accounting standard.

Despite legal headwinds, strategies double on its bitcoin strategy. In June 16, a company published a 10,100 BTC purchase for $ 1.05 billionfor an average price of $ 104,080 per coin.

@Strategy He publishes that he has purchased another 10,100 bitcoins at a price of approximately $ 1.05 billion.#Bitcoin #Mstrhttps://t.co/p1nrlzulw1

– Cryptonews.com (@cryptonews) June 16, 2025

This step brings the overall bitcoin shares of the strategy to 592 100 BTC and strengthens its place as the largest assets.

Acquisition, made in the middle of the growing geopolitical tension and without selling any stock or BTC, has shifted the YTD BTC yield strategy to 19.1%, according to for strategy data.

Bitcoins face a potential fall to $ 92,000 because the cryptoQuantic warnings dropped by 50%, while short -term holders plunged 800,000 BTC and institutional flows collapsed in bulls.#Bitcoin #Btchttps://t.co/5bc5xp1uch

– Cryptonews.com (@cryptonews) June 20, 2025

However, the recent price of bitcoins Immerse below $ 98,500, the lowest in six weeks after the US air strikes in Iran, added new pressure to the strategy.

While Saylor is still determined to “buy and hold”, investors carefully monitor the bets and control grow.

Contribution Saylor teasing record bitcoins Buy – How strategy faces $ 5.9b loss and investor FURY He appeared for the first time Cryptonews.

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