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Gainey McKenna & Egleston Announces A Class Action Lawsuit Has Been Filed Against MicroStrategy Incorporated d/b/a Strategy (MSTR)
MSTRMicroStrategy(MSTR) GlobeNewswire News Room·2025-05-19 21:32

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].