Summary
- BitcoinTreasuries.net said Rosen Law Firm is reviewing potential investor damage claims tied to possible securities law violations involving Strategy (MSTR) and STRC.
- BitcoinTreasuries.net said Rosen Law Firm claims Strategy may have provided business information that was materially misleading to investors.
- The law firm is assessing related investor losses and potential legal liability.
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Rosen Law Firm has launched an investigation into Michael Saylor-led Strategy and STRC over possible securities law violations, according to BitcoinTreasuries.net.
BitcoinTreasuries.net, which tracks corporate Bitcoin holdings, said in a post on X on June 25 that Rosen is reviewing whether investors could seek damages tied to potential securities law violations involving Strategy and STRC.
The law firm alleges that Strategy may have provided business information to investors that was materially misleading, BitcoinTreasuries.net wrote. Rosen is also assessing related investor losses and potential legal liability.
Strategy is the world's largest publicly traded corporate holder of Bitcoin, and Saylor serves as executive chairman. STRC is Strategy's variable-rate perpetual preferred stock, which the company has used to help finance Bitcoin purchases.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.