The legal battle against Bitcoin treasury firm Strategy comes to an end as plaintiffs voluntarily dismiss their claims.
Origins of the Case
The lawsuit was originally brought against Strategy in May 2025. Anas Hamza, representing dissatisfied investors, alleged that the company and its executives misled shareholders regarding the risks and profitability of its Bitcoin holdings. The filing quickly gained traction, with at least eight law firms attempting to recruit additional investors in support of the claims.
Strategy’s Bitcoin Holdings
Strategy remains the largest corporate Bitcoin holder in the world. The company began accumulating BTC in August 2020 and currently owns 632,457 Bitcoin, valued at around $68.4 billion. The scale of these holdings has made Strategy a focal point in discussions about the role of digital assets on corporate balance sheets.
Impact on the Crypto Industry
The end of the case could have wider implications across the industry. Crypto treasury companies have been expanding rapidly, diversifying beyond Bitcoin into other leading digital assets. Legal experts note that we are now seeing the emergence of crypto-based treasury companies that operate like actively managed ETFs in corporate structures.
The conclusion of the case marks a significant victory for Strategy and may set a precedent for how other crypto treasury companies defend themselves in future legal disputes.
