<ul><li>MicroStrategy, now rebranded as Strategy, faces a lawsuit over alleged investor deception regarding its Bitcoin holdings.</li><li>Despite the lawsuit, Strategy has increased its Bitcoin holdings to 576,230 BTC, valued at approximately $59 billion.</li><li>Following the lawsuit, Strategy purchased an additional 7,390 BTC for $764.9 million, with an average cost of $103,498 per coin.</li><li>The lawsuit by Pomerantz LLP accuses Strategy of misleading accounting practices related to Bitcoin and highlights the use of non-GAAP metrics, raising questions about regulatory compliance and transparency.</li></ul>

Strategy hit with lawsuit as Bitcoin holding tops $59B

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