<ul data-eligibleForWebStory="false"><li>A class action lawsuit has been filed against a Bitcoin-heavy firm and its executives, alleging misleading investors and manipulating metrics.</li><li>Shareholders are focused on $5.91 billion in Bitcoin losses disclosed by the company, leading to a stock drop and concerns about risk management.</li><li>The lawsuit centers around new accounting rules requiring firms to report fair value for digital assets, revealing significant losses for the firm.</li><li>Critics claim the company failed to adequately inform investors about risks and portrayed an overly optimistic picture, potentially constituting securities fraud.</li></ul>

Massive Bitcoin Loss Triggers Legal Firestorm Against Strategy

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