US EditionLaw Firm Announces the Filing of a Class Action Against MicroStrategy
- Pomerantz LLP filed a class action lawsuit on May 18, 2025, against MicroStrategy Incorporated, also known as Strategy, in the Eastern District of Virginia.
- The lawsuit stems from allegations that Strategy made false and misleading statements regarding its bitcoin investment approach and failed to properly disclose associated risks during the period from late April 2024 through early April 2025.
- On April 7, 2025, Strategy reported an unrealized fair value loss of approximately $5.9 billion related to its digital asset holdings for the first quarter, leading to an 8.67% decline in its stock price and raising investor concerns regarding its financial reporting.
- Company officials promoted bitcoin as the treasury reserve while defendants allegedly overstated profitability and understated bitcoin’s volatility risks, according to the lawsuit.
- The lawsuit could influence disclosure rules in cryptocurrency markets, with investors having until July 15, 2025, to seek lead plaintiff status as the case progresses.
15 Articles
15 Articles
Pomerantz Law Firm Announces the Filing of a Class Action Against MicroStrategy Incorporated ...
NEW YORK, May 18, 2025 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against MicroStrategy Incorporated d/b/a Strategy (“Strategy” or the “Company”) (NASDAQ: MSTR) and certain officers. The class action, filed in the United…
The Bitcoin House Of Cards Is Crumbling, XRP Is The Real Play
A popular XRP personality recently likened Strategy’s overleveraged position in Bitcoin to a house of cards. The CEO of Alpha Lion Academy believes the latest class action suit might unravel narratives that would expose BTC’s very limited but overhyped potential. Edo Farina, the CEO of Alpha Lion Academy, has taken a dig at the recent controversy hounding Strategy. He also discussed what could be its impact on Bitcoin (BTC) and how XRP will rise…
MSTR Shareholder Alert: Robbins LLP Informs Investors of the MicroStrategy Incorporated d/b/a Strategy Class Action Lawsuit
SAN DIEGO, May 19, 2025 /PRNewswire/ -- Robbins LLP informs stockholders that a class action was filed on behalf of investors who purchased or otherwise acquired MicroStrategy Incorporated d/b/a Strategy (NASDAQ: MSTR) securities between April 30, 2024 and April 4,…
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