{"id":30440,"date":"2026-06-25T16:18:42","date_gmt":"2026-06-25T15:18:42","guid":{"rendered":"https:\/\/investx.fr\/en\/2026\/06\/25\/strategy-mstr-legal-investigation-bitcoin-crash\/"},"modified":"2026-06-25T16:18:47","modified_gmt":"2026-06-25T15:18:47","slug":"strategy-mstr-legal-investigation-bitcoin-crash","status":"publish","type":"post","link":"https:\/\/investx.fr\/en\/crypto-news\/strategy-mstr-legal-investigation-bitcoin-crash\/","title":{"rendered":"Saylor’s Strategy Hit by Legal Investigation as MSTR Crashes Alongside Bitcoin"},"content":{"rendered":"\n

Strategy<\/strong>, the company led by Michael Saylor<\/strong>, is now under serious pressure: a prominent U.S. law firm has formally opened an investigation into potential securities fraud<\/strong>. Meanwhile, MSTR<\/strong> stock continues to slide on the markets, dragged down by Bitcoin<\/strong>‘s retreat toward its annual lows.<\/p>\n\n\n\n

Caught between regulatory scrutiny and a collapsing share price, Michael Saylor<\/strong>‘s ultra-concentrated Bitcoin<\/strong> strategy is beginning to reveal its most dangerous limitations. Here is what investors need to know.<\/p>\n\n\n\n

Rosen Law Firm Opens Investigation Into Strategy: What We Know<\/h2>\n\n\n\n

Rosen Law Firm<\/strong>, a legal practice specializing in securities class action litigation<\/strong>, has announced the formal opening of an investigation targeting Strategy<\/strong> (formerly MicroStrategy). The goal: to determine whether the company and its executives potentially misled shareholders regarding material information related to their massive Bitcoin<\/strong> holdings.<\/p>\n\n\n\n

This type of preliminary investigation typically precedes the filing of a class action<\/em> lawsuit, a collective legal action<\/strong> that allows harmed shareholders to band together and pursue a company in court. Rosen Law Firm<\/strong> is one of the most active firms in this space across the United States<\/strong>, with several notable victories against publicly listed companies. The mere announcement of such an investigation is often enough to amplify selling pressure on the stock in question.<\/p>\n\n\n\n

At this stage, no formal complaint has been filed. However, the participation window is open for Strategy<\/strong> shareholders who have suffered losses, signaling that the firm is actively gathering testimonies and financial data to build a solid case.<\/p>\n\n\n\n

\"Bitcoin<\/figure>\n\n\n\n

MSTR in Freefall: The Cost of Total Bitcoin Correlation<\/h2>\n\n\n\n

MSTR<\/strong> stock is bearing the full brunt of the crypto market correction. With a treasury composed almost exclusively of Bitcoin<\/strong> \u2014 Strategy<\/strong> holds more than 500,000 BTC<\/strong> acquired at high average prices \u2014 the stock mechanically amplifies every market move. When Bitcoin<\/strong> pulls back toward its annual lows, MSTR<\/strong> does not simply decline: it collapses, carrying an implicit leverage effect that many retail investors significantly underestimate.<\/p>\n\n\n\n

This extreme correlation<\/strong> is precisely what potential plaintiffs could target in their legal argument. The central question: did Strategy<\/strong> adequately disclose to its shareholders the risks associated with this total concentration in an asset as volatile as Bitcoin<\/a><\/strong>? The regulatory disclosure documents (SEC filings<\/strong>) do reference these risks, but their comprehensiveness and clarity could be challenged in court.<\/p>\n\n\n\n

From a technical standpoint, MSTR is trading below its key moving averages<\/a>, with a confirmed bearish momentum on weekly timeframes. Historical support levels around the 2024 accumulation zones are now under pressure, and selling volume remains elevated \u2014 a discouraging signal for any near-term recovery.<\/p>\n\n\n\n

Saylor’s Bitcoin Strategy: Genius or Reckless Bet?<\/h2>\n\n\n\n

Michael Saylor<\/strong> built Strategy<\/strong> as an institutional Bitcoin exposure vehicle<\/strong>, raising billions through convertible bond issuances<\/strong> and equity offerings<\/strong> to accumulate BTC<\/strong>. This approach earned him global recognition and spectacular gains during the bull runs of 2020 to 2021 and 2023 to 2024.<\/p>\n\n\n\n

But the flip side is brutal: during a bear market<\/strong>, Strategy<\/strong> has no operational safety net to absorb unrealized losses. Unlike a spot Bitcoin ETF<\/strong>, MSTR<\/strong> stock carries a premium \u2014 or a discount \u2014 relative to the net asset value<\/strong> of its holdings, creating additional volatility that is difficult for the average investor to model or anticipate.<\/p>\n\n\n\n

The Rosen Law Firm<\/strong> investigation therefore raises a structural question: are traditional financial markets truly equipped to accommodate companies whose entire business model rests on holding a single crypto asset?<\/strong> The response from U.S. regulators and courts could redefine the rules of the game for every publicly listed company that has adopted a similar strategy<\/a>.<\/p>\n\n\n\n

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