Strategy has come under scrutiny after the SEC filed a lawsuit alleging misleading investors regarding Bitcoin investment strategies. Meanwhile, Wall Street experts foresee significant Bitcoin price growth by the end of 2025.
SEC Lawsuit Against Strategy
According to SEC reports, Strategy is accused of misleading investors about its Bitcoin investment approaches. The lawsuit was filed amid regulatory uncertainty.
Company's Bitcoin Accumulation Strategy
Strategy announced plans to increase its Bitcoin assets amidst ongoing bullish sentiment. The company aims to sell 10 percent of its shares to raise $2.1 billion. Currently, Strategy holds approximately 576,230 Bitcoins.
Bitcoin Price Predictions
Wall Street experts, particularly analysts at Standard Chartered, predict that Bitcoin's price could reach $120,000 by the end of Q2 and $200,000 by late 2025. These forecasts are supported by increasing demand for Bitcoin and improvements in the regulatory environment in the U.S.
Despite legal challenges posed by the SEC lawsuit, expectations for Bitcoin price growth remain high, bolstered by Strategy's accumulation plans and analysts' optimistic forecasts.
