LOS ANGELES, May 20, 2025 /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Strategy Incorporated f/k/a MicroStrategy Incorporated ("Strategy" or "the Company") (NASDAQ: MSTR) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.Investors who purchased the Company's securities between April 30, 2024 and April 4, 2025, ...

Core Viewpoint - Defiance ETFs has launched the first leveraged MicroStrategy ETF, $MST, which aims to provide amplified exposure to MicroStrategy's stock performance while generating consistent weekly income through an options-driven strategy [1]. Group 1: ETF Features - **Leveraged Exposure**: $MST seeks to deliver approximately 150% to 200% of MicroStrategy's daily price performance, offering amplified exposure to its volatility and growth potential [2]. - **Weekly Income**: The ETF utilizes a credit call spreads strategy to generate high income distributed weekly, providing investors with regular cash flow [2]. - **Indirect Bitcoin Access**: Through MicroStrategy's significant Bitcoin holdings, $MST offers indirect exposure to Bitcoin's market trends without direct cryptocurrency ownership [3]. Group 2: Distribution Details - **Distribution Rate**: The distribution rate is calculated by multiplying the ETF's distribution per share by 52 and dividing by the ETF's most recent NAV [8]. - **Distribution Amount**: The distribution for $MST is set at $0.3350 per share, with an estimated return of capital as of May 22, 2025, at 99.29% [10][11]. - **Key Dates**: The ex-dividend date is May 21, 2025, and the payable date is May 22, 2025 [10]. Group 3: Company Background - **Defiance ETFs Overview**: Founded in 2018, Defiance ETFs is a leader in thematic, income, and leveraged ETFs, continuing to innovate with products like $MST to offer investors amplified exposure to high-growth companies [12].

Core Viewpoint - A securities class action lawsuit has been filed against MicroStrategy Incorporated, alleging misleading statements regarding its bitcoin-focused investment strategy and treasury operations during the class period from April 30, 2024, to April 4, 2025 [1][2]. Group 1: Allegations of Misleading Statements - The complaint claims that the defendants overstated the anticipated profitability of the company's bitcoin-focused investment strategy and treasury operations [3]. - It is alleged that the risks associated with bitcoin's volatility and potential losses from the company's digital assets were understated [3]. - The public statements made by the defendants were deemed materially false and misleading throughout the relevant period [3]. Group 2: New Key Performance Indicators - The company introduced new key performance indicators (KPIs) such as "BTC Yield," "BTC Gain," and "BTC $ Gain" to measure its financial results, which were intended to help the market assess its bitcoin acquisition strategy [2]. Group 3: Legal Proceedings - Investors who acquired shares of MicroStrategy are encouraged to contact the law firm Gainey McKenna & Egleston before the lead plaintiff motion deadline on July 15, 2025 [4].

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, 2025. Strategy, together with its subsidiaries, provides enterprise analytics software and services purportedly powered by artificial intelligence ("AI").For more information, submit a form, email attorney Aaron Dumas, Jr., or give us a call at ( ...

Core Viewpoint - A shareholder has filed a securities class action lawsuit against MicroStrategy Incorporated, alleging misrepresentations regarding the company's bitcoin-focused investment strategy and treasury operations during the period from April 30, 2024, to April 4, 2025 [1][2]. Group 1 - The lawsuit represents a class of investors who purchased or acquired MicroStrategy's securities within the specified timeframe [1]. - Defendants are accused of making false statements about the anticipated profitability of the company's investment strategy [2]. - Investors interested in serving as lead plaintiff must file papers by July 15, 2025, and participation does not require serving as lead plaintiff [3]. Group 2 - Bernstein Liebhard LLP, the law firm handling the case, has recovered over $3.5 billion for clients since 1993 and has a strong track record in class action litigation [4].

Strategy (NASDAQ: MSTR) stock climbed $4,78 (1,20%) from its latest closing price of $399.80 to its Monday price of $404,58 as the company revealed that a class-action lawsuit is targeting it.Strategy has acquired 7,390 BTC for ~$764.9 million at ~$103,498 per bitcoin and has achieved BTC Yield of 16.3% YTD 2025. As of 5/18/2025, we hodl 576,230 $BTC acquired for ~$40.18 billion at ~$69,726 per bitcoin. $MSTR $STRK $STRF https://t.co/QwYKgLkfPX— Michael Saylor (@saylor) May 19, 2025 Although most investors ...

Is buying shares of a company that exists only to hoard Bitcoin (BTC 1.92%) smarter than buying Bitcoin itself? To an emerging wave of Bitcoin treasury companies, the answer to that question is maybe.Huge and consistent purchases of the coin by the leading business in the segment, Strategy (MSTR -4.69%), are setting the example for others to follow, with its shares rising by 230% during the past 12 months, far above Bitcoin's return of 67%. That makes buying the treasury operators sound very appealing. But ...

After 43+ years working for one investment research company or another, I finally retired. So now, I’m completely independent. And for the first time on Seeking Alpha, I won’t be working based on anybody else’s product agenda. I have only one goal now… to give you the best actionable investment insights I can.I have long specialized in rules/factor-based equity investing strategies. But I’m different from others who share such backgrounds. I don’t serve the numbers. Instead, the numbers serve me… to inspire ...

I've been interested in cryptocurrencies for the better part of ten years, but most of my attention has been on the coins themselves, like Bitcoin ( BTC-USD ), and not the corporations that operate inJohn "Jack" Bowman is a registered investment advisor, economics educator, research analyst, and commentator from Southern California. He mostly covers macroeconomics, income-focused investments, derivatives, alternatives, and portfolio management. "History does not repeat, but it does instruct." — Timothy Snyd ...

Bitcoin Holdings and Strategy - As of March 31, 2025, the company held approximately 528,185 bitcoins, with an aggregate purchase price of $35.63 billion and an average purchase price of approximately $67,457 per bitcoin [191][194]. - The company has accumulated a total of approximately 447,470 bitcoins by December 31, 2024, with a carrying value of $23.91 billion [187]. - The company intends to fund further bitcoin acquisitions primarily through issuances of common stock and various fixed-income instruments [181]. - The company’s treasury reserve assets consist of cash and cash equivalents exceeding working capital requirements and bitcoin as the primary reserve asset [184]. - The company’s strategy includes advocacy and educational activities regarding Bitcoin as a digital capital asset [183]. - The company reported unrealized loss on digital assets for the three months ended March 31, 2025, was $5.906 billion, representing 98.5% of the company's operating expenses [193]. - The company incurred additional bitcoin advocacy costs and custodial fees as part of its bitcoin strategy, impacting cash from operations [257]. - The company is exposed to significant market price risk due to its bitcoin holdings, which are highly volatile [279]. Financial Performance - Total revenues for the three months ended March 31, 2025, were $111.1 million, a decrease of 3.8% compared to $115.2 million in the same period of 2024 [200]. - Product licenses revenues decreased by 43.8% to $7.3 million in Q1 2025 from $12.9 million in Q1 2024, primarily due to a decrease in deal volume and size [208]. - Subscription services revenues increased by 61.6% to $37.1 million in Q1 2025, up from $23.0 million in Q1 2024, driven by conversions to cloud-based subscriptions [209]. - Product support revenues decreased by 16.2% to $52.5 million in Q1 2025 from $62.7 million in Q1 2024, attributed to customers transitioning to subscription services [210]. - Other services revenues fell by 15.0% to $14.2 million in Q1 2025, down from $16.7 million in Q1 2024, with consulting revenues decreasing by 13.4% [212]. - Operating expenses for Q1 2025 totaled $5.998 billion, significantly higher than $288.9 million in Q1 2024, primarily due to unrealized losses on digital assets [200]. - The company reported a loss from operations of $5.9 billion for Q1 2025, compared to a loss of $203.7 million in Q1 2024 [200]. - Non-GAAP loss from operations for the three months ended March 31, 2025, was $(5,909,593) thousand, compared to $(185,911) thousand in the same period of 2024 [274]. - Non-GAAP net loss attributable to common stockholders for Q1 2025 was $4.238 billion, compared to a loss of $142 million in Q1 2024 [277]. - Non-GAAP diluted loss per common share for Q1 2025 was $16.53, significantly higher than $0.83 in Q1 2024 [277]. Employee and Compensation Information - As of March 31, 2025, the company had 1,483 employees, a decrease from 1,851 employees a year earlier [203]. - Share-based compensation expense decreased to $11.8 million in Q1 2025 from $17.8 million in Q1 2024, mainly due to forfeitures of stock awards [204]. - Share-based compensation expense for Q1 2025 was $11.819 million, down from $17.791 million in Q1 2024 [277]. Cash Flow and Financing Activities - Net cash used in operating activities was $(2,389) thousand for the three months ended March 31, 2025, compared to $28,587 thousand in the same period of 2024, representing a change of 108.4% [256]. - Net cash used in investing activities increased by $6.030 billion for the three months ended March 31, 2025, primarily due to a $6.022 billion increase in purchases of bitcoins [258]. - Net cash provided by financing activities increased by $6.046 billion for the three months ended March 31, 2025, primarily due to a $4.263 billion increase in net proceeds from the sale of class A common stock [260]. - The company issued 12,624,595 shares of class A common stock under at-the-market equity offerings, generating total net proceeds of $4,399,205 thousand for the three months ended March 31, 2025 [271]. - The company received approximately $563.2 million in net proceeds from the issuance of 7,300,000 shares of Perpetual Strike Preferred Stock on February 5, 2025 [243]. - The company anticipates that cash and cash equivalents as of March 31, 2025, will not be sufficient to meet short-term liquidity needs, and may seek equity or debt financing [250]. - Long-term cash requirements include obligations related to long-term debt and payment of dividends on preferred stock, which are expected to exceed available cash [251]. - The company announced a capital plan to raise $84 billion in the medium-to-long term, including $42 billion of equity capital and $42 billion of fixed-income instruments [255]. Revenue Recognition and Deferred Revenue - As of March 31, 2025, total current and non-current deferred revenue and advance payments amounted to $219.674 million, a decrease of $23.3 million from $242.944 million on December 31, 2024 [234]. - The company expects to recognize approximately $275.8 million of the remaining performance obligation over the next 12 months, which totals $442.8 million as of March 31, 2025 [235]. Market and Currency Risks - The market price of one bitcoin on May 2, 2025, was reported at $96,972, indicating significant market volatility [194]. - A 10% adverse change in foreign currency exchange rates would have decreased reported cash and cash equivalents by 3.3% as of March 31, 2025 [283]. - If average exchange rates had changed unfavorably by 10%, revenues for Q1 2025 would have decreased by 3.8% [283]. - The company attempts to minimize foreign currency risk by converting excess foreign currency to U.S. dollar-denominated cash [282]. Tax and Interest Expenses - The effective tax rate for the three months ended March 31, 2025, was 29.0% on a pretax loss of $5.94 billion, compared to 75.2% on a pretax loss of $213.9 million in the same period of 2024 [229]. - Interest expense, net increased by $5.2 million to $17.11 million for the three months ended March 31, 2025, compared to $11.88 million in the prior year [225]. - Interest payments for the three months ended March 31, 2025, amounted to $8.2 million, compared to no interest payments in the same period of 2024 [263]. - Interest expense from amortization of debt issuance costs increased to $6.048 million in Q1 2025 from $2.557 million in Q1 2024 [277].