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Jean-Pierre's avatar

Breaking news : MSTR may be facing a class action lawsuit (misleading statements regarding its Bitcoin strategy and a 6B unrealized Q1 loss). Confirmed ?

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Rick Sullivan 🦆's avatar

Yeah, you heard right. $MSTR's getting dragged through the mud for allegedly misleading investors about their Bitcoin playbook, and that $6 billion 'oops' they just posted in Q1. Turns out, when you bet it all on a volatile asset and don't tell the folks about accounting changes that could nuke your balance sheet, people get a little testy. Now, could this blow up in their face? Maybe. But it could also be a classic 'buy the dip' moment if Saylor keeps holding the line. Question is, how much more pain can shareholders stomach before they throw in the towel?

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