litigation
confidence high
sentiment positive
materiality 0.45
Strategy settles STRK preferred lawsuit; pays $550K fees, holds 762K BTC
Strategy Inc
- Settled class action over STRK preferred amendment; will seek stockholder ratification at next annual meeting and pay $550K in attorneys' fees.
- No shares sold under ATM and no bitcoin purchased during week ended March 29, 2026.
- Bitcoin holdings unchanged at 762,099 BTC; aggregate cost $57.69B, avg price $75,694.
- Lawsuit alleged DGCL violation regarding vote on STRK amendment; parties stipulated to dismissal as moot.