Core Viewpoint - A class action lawsuit has been filed against Strategy Incorporated (NASDAQ:MSTR) for allegedly making materially false and misleading statements regarding its business and operations during the Class Period from April 30, 2024, to April 4, 2025 [1][3]. Summary by Relevant Sections Lawsuit Details - The lawsuit is filed in the United States District Court for the Eastern District of Virginia on behalf of all individuals and entities who purchased or acquired Strategy securities during the specified Class Period [1]. - Investors have until July 15, 2025, to apply to the Court to be appointed as lead plaintiff in the lawsuit [1]. Allegations Against the Company - The complaint alleges that the defendants made false and misleading statements about the anticipated profitability of the Company's bitcoin-focused investment strategy and treasury operations, which were overstated [3]. - It is claimed that the risks associated with bitcoin's volatility and potential losses on the value of digital assets were understated [3]. - As a result, the public statements made by the defendants were materially false and misleading throughout the Class Period [3]. Investor Information - Investors who suffered losses, are long-term stockholders, or have information related to the claims are encouraged to contact the law firm for more details [4].
STRATEGY DEADLINE ALERT: Bragar Eagel & Squire, P.C. Announces that a Class Action Lawsuit Has Been Filed Against Strategy Incorporated and Urgently Encourages Investors to Contact the Firm