Investors Drop Strategy Bitcoin Lawsuit, Case Permanently Closed

Plaintiffs withdraw claims with prejudice, ending legal battle against crypto treasury giant
Lead plaintiffs have voluntarily dismissed their lawsuit against Bitcoin treasury firm Strategy, effectively shutting the door on any future refiling. The case, filed earlier this year, alleged misleading statements about profitability and investment risks tied to the company’s massive Bitcoin holdings.

Court documents confirm the dismissal was filed “with prejudice,” meaning the plaintiffs cannot amend or refile the case. Legal experts note this represents a decisive win for Strategy, the largest Bitcoin treasury company with over 632,000 BTC valued at nearly $70 billion.
The lawsuit, originally launched in May 2025, had drawn attention as several law firms rushed to represent dissatisfied investors. However, with the voluntary withdrawal, the case has come to a permanent close.
Crypto treasury companies broaden asset strategies
Since Strategy began its Bitcoin accumulation in 2020, other treasury firms have entered the market, diversifying beyond BTC into Ether, Solana, BNB, and Tron. Analysts suggest this trend mirrors the structure of actively managed ETFs, with transparency remaining a critical requirement in such volatile markets.
Despite the legal developments, Strategy’s stock price showed little movement, slipping just 0.8% in line with broader Nasdaq declines.
