币界网报道：A group of investors has filed securities fraud lawsuits against cryptocurrency investment firm Strategy and its executives, alleging misleading statements about the company's Bitcoin holdings. The lawsuits, filed in a U.S. federal court, claim Strategy overstated its Bitcoin reserves to attract investors while secretly selling portions of its holdings. Plaintiffs argue these actions artificially inflated the company's stock price before its eventual collapse. Court documents reveal Strategy reported holding 25,000 BTC in Q1 2023 filings, but blockchain analysis suggests the actual amount was closer to 18,000 BTC during that period. The lawsuits name CEO Michael Carter and CFO Sarah Lin as primary defendants, accusing them of personally profiting through stock sales while allegedly aware of the discrepancies. Legal experts note these cases could test how securities laws apply to crypto-related investment vehicles, particularly regarding reserve reporting standards. Strategy's legal team has dismissed the allegations as "baseless," maintaining all disclosures were made in good faith. The cases come as regulators globally increase scrutiny of crypto firms' asset reporting practices following several high-profile collapses. Investors seek unspecified damages covering stock value declines since Strategy's financial irregularities became public last November.