Group 1 - The recent progress in stablecoin legislation in the U.S. has led to a surge in Bitcoin prices, reaching a record high of $109,856, reflecting market expectations for clearer crypto regulations under the Trump administration [1][3] - The stablecoin bill has been modified to include stricter regulations on money laundering, foreign issuers, and technology companies, while enhancing consumer protection and establishing uniform regulatory standards for domestic and foreign stablecoin issuers [3] - Bitcoin is increasingly viewed as a "safe-haven asset," especially amid concerns over rising deficits due to budget negotiations in Congress, leading to renewed interest from investors [3] Group 2 - Bitcoin futures open interest on the Chicago Mercantile Exchange has rebounded by 23% since hitting a year-to-date low in April, and approximately $3.6 billion has been injected into U.S. Bitcoin spot ETFs since May [4] - Year-to-date, Bitcoin has risen approximately 14%, outperforming most risk assets, while the Nasdaq 100 index has declined by about 2% since December [4] - Corporate buying interest in Bitcoin has increased, with Michael Saylor's company, Strategy, having purchased over $50 billion worth of Bitcoin, contributing to a wave of corporate reserve buying [4]

NEW YORK, May 20, 2025 (GLOBE NEWSWIRE) -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against MicroStrategy Incorporated d/b/a Strategy (“Strategy” or “the Company”) (NASDAQ: MSTR) and certain of its officers. Class Definition This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or other ...

LOS ANGELES, May 20, 2025 /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Strategy Incorporated f/k/a MicroStrategy Incorporated ("Strategy" or "the Company") (NASDAQ: MSTR) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.Investors who purchased the Company's securities between April 30, 2024 and April 4, 2025, ...

Core Viewpoint - Defiance ETFs has launched the first leveraged MicroStrategy ETF, $MST, which aims to provide amplified exposure to MicroStrategy's stock performance while generating consistent weekly income through an options-driven strategy [1]. Group 1: ETF Features - **Leveraged Exposure**: $MST seeks to deliver approximately 150% to 200% of MicroStrategy's daily price performance, offering amplified exposure to its volatility and growth potential [2]. - **Weekly Income**: The ETF utilizes a credit call spreads strategy to generate high income distributed weekly, providing investors with regular cash flow [2]. - **Indirect Bitcoin Access**: Through MicroStrategy's significant Bitcoin holdings, $MST offers indirect exposure to Bitcoin's market trends without direct cryptocurrency ownership [3]. Group 2: Distribution Details - **Distribution Rate**: The distribution rate is calculated by multiplying the ETF's distribution per share by 52 and dividing by the ETF's most recent NAV [8]. - **Distribution Amount**: The distribution for $MST is set at $0.3350 per share, with an estimated return of capital as of May 22, 2025, at 99.29% [10][11]. - **Key Dates**: The ex-dividend date is May 21, 2025, and the payable date is May 22, 2025 [10]. Group 3: Company Background - **Defiance ETFs Overview**: Founded in 2018, Defiance ETFs is a leader in thematic, income, and leveraged ETFs, continuing to innovate with products like $MST to offer investors amplified exposure to high-growth companies [12].

Core Viewpoint - A securities class action lawsuit has been filed against MicroStrategy Incorporated, alleging misleading statements regarding its bitcoin-focused investment strategy and treasury operations during the class period from April 30, 2024, to April 4, 2025 [1][2]. Group 1: Allegations of Misleading Statements - The complaint claims that the defendants overstated the anticipated profitability of the company's bitcoin-focused investment strategy and treasury operations [3]. - It is alleged that the risks associated with bitcoin's volatility and potential losses from the company's digital assets were understated [3]. - The public statements made by the defendants were deemed materially false and misleading throughout the relevant period [3]. Group 2: New Key Performance Indicators - The company introduced new key performance indicators (KPIs) such as "BTC Yield," "BTC Gain," and "BTC $ Gain" to measure its financial results, which were intended to help the market assess its bitcoin acquisition strategy [2]. Group 3: Legal Proceedings - Investors who acquired shares of MicroStrategy are encouraged to contact the law firm Gainey McKenna & Egleston before the lead plaintiff motion deadline on July 15, 2025 [4].

Core Viewpoint - A class action lawsuit has been filed against MicroStrategy Incorporated (NASDAQ: MSTR) on behalf of investors who acquired its securities between April 30, 2024, and April 4, 2025, alleging that the company misled investors regarding the profitability of its bitcoin-focused investment strategy [1][2]. Allegations - The lawsuit claims that during the class period, MicroStrategy failed to disclose that the anticipated profitability of its bitcoin investment strategy was overstated, and the risks associated with bitcoin's volatility were understated [2]. - It is alleged that the company's public statements were materially false and misleading at all relevant times [2]. Financial Impact - On April 7, 2025, MicroStrategy disclosed a $5.91 billion unrealized loss on its digital assets for Q1 2025, which was expected to lead to a net loss for the quarter [3]. - Following this announcement, the company's Class A common stock price fell by $25.47 per share, or 8.67%, closing at $268.14 per share on the same day [3]. - On May 1, 2025, the company confirmed the $5.9 billion unrealized fair value loss on digital assets during the first quarter, attributing it to a fair value accounting methodology applied to its bitcoin assets after a significant depreciation in value [4]. Next Steps for Investors - Shareholders interested in participating in the class action must file their papers with the court by July 15, 2025, to serve as lead plaintiff [5]. - Investors can choose to remain absent class members without participating in the case [5].

Core Viewpoint - A shareholder has filed a securities class action lawsuit against MicroStrategy Incorporated, alleging misrepresentations regarding the company's bitcoin-focused investment strategy and treasury operations during the period from April 30, 2024, to April 4, 2025 [1][2]. Group 1 - The lawsuit represents a class of investors who purchased or acquired MicroStrategy's securities within the specified timeframe [1]. - Defendants are accused of making false statements about the anticipated profitability of the company's investment strategy [2]. - Investors interested in serving as lead plaintiff must file papers by July 15, 2025, and participation does not require serving as lead plaintiff [3]. Group 2 - Bernstein Liebhard LLP, the law firm handling the case, has recovered over $3.5 billion for clients since 1993 and has a strong track record in class action litigation [4].

Core Viewpoint - Strategy (NASDAQ: MSTR) stock experienced a slight increase despite the announcement of a class-action lawsuit against the company, indicating potential investor resilience or optimism in the face of legal challenges [1][5]. Group 1: Company Financials and Operations - Strategy has acquired 7,390 BTC for approximately $764.9 million, averaging around $103,498 per bitcoin, and has achieved a BTC yield of 16.3% year-to-date as of 2025 [1]. - As of May 18, 2025, the company holds 576,230 BTC, acquired for about $40.18 billion, averaging around $69,726 per bitcoin [1]. Group 2: Legal Issues - The class-action lawsuit is primarily driven by shareholder dissatisfaction regarding the company's accounting practices, with allegations of misleading statements about the profitability and risks associated with its bitcoin investment strategy [2][3]. - The lawsuit references the newly adopted Accounting Standards Update No. 2023-08, which pertains to the accounting and disclosure of crypto assets, claiming that the company provided misleading data on its Bitcoin strategy performance [3]. - The lawsuit was triggered by a significant loss disclosure of $5.91 billion on April 7, 2025, which led to an 8.67% drop in MSTR stock price [3]. Group 3: Market Reaction - Despite the initial 2% drop in pre-market trading following the lawsuit announcement, MSTR stock rallied shortly after the market opened, suggesting that investors may not have fully priced in the implications of the lawsuit [5]. - The broader economic context includes adverse news, such as Moody's downgrade of the U.S. credit rating, which has contributed to rising treasury yields, yet this has not significantly impacted MSTR's stock performance [6].

智通财经5月19日电，Microstrategy在5月12日至5月18日期间购买了7390枚比特币，总价7.649亿美元， 平均每枚价值10.35万美元。 ...

Is buying shares of a company that exists only to hoard Bitcoin (BTC 1.92%) smarter than buying Bitcoin itself? To an emerging wave of Bitcoin treasury companies, the answer to that question is maybe.Huge and consistent purchases of the coin by the leading business in the segment, Strategy (MSTR -4.69%), are setting the example for others to follow, with its shares rising by 230% during the past 12 months, far above Bitcoin's return of 67%. That makes buying the treasury operators sound very appealing. But ...