Bitcoin Firm Strategy Faces Copycat Lawsuits as Coinbase Hits Record High

Bitcoin Firm Strategy Faces Copycat Lawsuits as Coinbase Hits Record High
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Bitcoin treasury firm Strategy is facing multiple copycat class action lawsuits, with law firms vying for lucrative fees. Meanwhile, Coinbase reached a record closing price and announced the launch of U.S.-regulated Bitcoin and Ethereum perpetual futures.

  • Strategy faces at least five copycat class action lawsuits, with law firms competing to lead the consolidated case for potentially tens of millions in fees.
  • Coinbase reached a record closing price of $375.07, with analysts setting targets as high as $510, and will launch U.S.-regulated Bitcoin and Ethereum perpetual futures next month.
  • Base, Coinbase’s Ethereum layer-2 network, added Cardano and Litecoin to its wrapped assets, enabling easier DeFi integration for holders of these cryptocurrencies.
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