Grabar Law Office Investigates Claims on Behalf of Long-Term Shareholders of MicroStrategy, Inc. (MSTR)
June 25, 2025 5:12 PM EDT | Source: Grabar Law Office
Philadelphia, Pennsylvania--(Newsfile Corp. - June 25, 2025) - Grabar Law Office is investigating claims on behalf of shareholders of MicroStrategy, Inc. (NASDAQ: MSTR). The investigation concerns whether certain officers and directors breached the fiduciary duties they owed to the company.
MicroStrategy Incorporated, together with its subsidiaries, provides enterprise analytics software and services purportedly powered by AI. This lawsuit was filed against MicroStrategy and three individual Defendants.
Since 2020, the Company has increasingly focused on purchasing and holding bitcoin, a type of cryptocurrency, as a long-term business strategy. In October 2023, this strategy became so central to the Company's operations that it began referring to itself as a "Bitcoin Treasury Company" that primarily uses proceeds from equity and debt financings, as well as cash flows from its operations, to accumulate bitcoin, which serves as its primary treasury reserve asset.
As alleged in a recently filed securities fraud class action Complaint, MicroStrategy, Inc. (NASDAQ: MSTR), via certain of its officers, made materially false and misleading statements regarding Strategy's business, operations, and prospects. Specifically, the Complaint alleges Defendants made false and/or misleading statements and/or failed to disclose that: (i) the anticipated profitability of the Company's bitcoin-focused investment strategy and treasury operations was overstated; (ii) the various risks associated with bitcoin's volatility and the magnitude of losses Strategy could recognize on the value of its digital assets following its adoption of ASU 2023-08 were understated; and (iii) as a result, Defendants' public statements were materially false and misleading at all relevant times
WHAT YOU CAN DO NOW: If you purchased MicroStrategy (NASDAQ: MSTR) shares prior to April 30, 2024 and still hold shares today, you are encouraged to contact Joshua Grabar at jgrabar@grabarlaw.com, or call 267-507-6085. You can seek corporate reforms, the return of funds back to the company, and a court approved incentive award at no cost to you whatsoever.
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