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Strategy Shareholder Withdraws Board Lawsuit Over Cryptocurrency Accounting Standard Impact
2025-09-11 09:10
BlockBeats News, September 11th, according to Bloomberg, shareholders of Strategy Inc. have agreed to end a lawsuit that accused the company's management of allowing its self-proclaimed "Bitcoin Treasury" business to downplay the anticipated impact of a change in cryptocurrency accounting standards.
Shareholders have voluntarily dismissed a shareholder derivative lawsuit against current and former board members and executives, but they reserve the right to refile. United States District Judge Anthony J. Trenga of the Eastern District of Virginia has signed off on a joint agreement between shareholders and former leaders of MicroStrategy Inc., formally dismissing the case on Wednesday.
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2025-09-10 18:00
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2025-09-11
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