Shareholder derivative suit filed against MicroStrategy officers over bitcoin disclosures

Strategy Inc

Filed June 19, 2025 in EDVA against officers Saylor, Le, Graham, Kang, Patten, Rickertsen, and former director Rechan.
Claims similar to Hamza securities litigation: false disclosures on crypto accounting, bitcoin volatility, and strategy profitability.
Also alleges failure to maintain internal controls and insider selling by Le, Kang, Graham, Rechan from Apr 2024–Apr 2025.
Company intends to vigorously defend; no estimate of possible loss at this time.

item 8.01

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