TechFlow, July 7 — Portnoy Law Firm announced a class-action lawsuit against MicroStrategy (Nasdaq: MSTR; STRK; STRF), representing investors who purchased the company's securities between April 30, 2024, and April 4, 2025. The lawsuit alleges that the company overstated the expected profitability of its Bitcoin investment strategy and understated related risks.
Earlier reports indicate that prominent U.S. law firms Frank R. Cruz and Pomerantz have also separately announced class-action lawsuits against MicroStrategy Incorporated (Nasdaq: MSTR), both accusing the company of making misleading statements to investors between April 30, 2024, and April 4, 2025.
Note: Most law firms issue such announcements primarily to identify potential claimants.
