Strategy Inc. shares plunge amid legal probe and Bitcoin slump
Strategy Inc. shares hit multi-year lows as Bitcoin slumps. Rosen Law Firm investigates possible misleading statements, while reduced Bitcoin buys and STRC de-pegging signal caution.
Strategy Inc. (formerly MicroStrategy) has faced significant setbacks as both its common stock (MSTR) and preferred shares (STRC) dropped to multi-year lows. This decline is largely attributed to ongoing Bitcoin weakness and the company’s leveraged Bitcoin treasury strategy. MSTR closed at $94.13, down 9.35%, while STRC fell 7.41% to $80.84, both hovering near their 52-week lows. The company holds over 846,000 BTC, causing its stock price to move 2–3 times the percentage change of Bitcoin. Amid this volatility, Rosen Law Firm has launched an investigation into Strategy Inc. and certain executives for potentially misleading statements about business operations, Bitcoin strategy, and related risks. Investors are being invited to join a possible class action. The probe covers several securities, including MSTR and STRC, and follows public criticism over the company’s capital allocation and liquidity. STRC’s sharp de-pegging and reduced Bitcoin purchases suggest a more cautious approach, with funds redirected to pay dividends. Despite a low debt ratio, market fears persist, though a collapse is unlikely unless a prolonged Bitcoin bear market occurs.