Strategy Dumps $765M in Bitcoin, Gets Sued – The Saga Continues! 🔥
Well, folks, strap in. Business intelligence firm Strategy has decided to flex its financial muscles once more, grabbing another $765 million worth of Bitcoin like a kid in a candy store. Because who doesn’t need that much digital gold in their pocket? 🎯
Meanwhile, the roster of folks throwing shade at Strategy co-founder Michael Saylor keeps growing. Jim Chanos, the legendary short-seller who predicted Enron’s meltdown back in the day, has now placed his bets—against Strategy, no less—while simultaneously buying Bitcoin as if it’s the new magic money. Guess he’s hedging his bets, or just really loves drama. 💼📉
In response, Saylor took to social media, probably in his pajamas, warning those pesky short-sellers not to mess with him. “Never short a man who buys orange ink by the barrel,” he quipped, turning a tired old Wall Street adage into a Bitcoin-themed comeback. Classic Saylor, always stirring the pot. 🧃
And if you thought that was all, think again. The company’s recent filings reveal they’re also facing a class action lawsuit over some allegedly misleading statements about their Bitcoin strategy. Because when you’re playing with digital fire, there’s often someone ready to sue you for playing with matches. 🔥⚖️
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2025-05-19 15:14