logo
Securities Fraud Investigation Into MicroStrategy Incorporated (MSTR) Announced – Investors Who Lost Money Urged To Contact Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm

Securities Fraud Investigation Into MicroStrategy Incorporated (MSTR) Announced – Investors Who Lost Money Urged To Contact Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm

Business Wire20-05-2025

LOS ANGELES--(BUSINESS WIRE)-- Glancy Prongay & Murray LLP, a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of MicroStrategy Incorporated d/b/a Strategy ('Strategy' or the 'Company') (NASDAQ: MSTR) investors concerning the Company's possible violations of the federal securities laws.
IF YOU ARE AN INVESTOR WHO LOST MONEY ON MICROSTRATEGY INCORPORATED (MSTR), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS.
What Happened?
On April 7, 2025, Strategy disclosed that, following its adoption of Accounting Standards Update No. 2023-08 ('ASU 2023-08'), which requires publicly traded companies to measure their crypto assets at fair value in their financial statements, it recognized a $5.91 billion unrealized loss on its digital assets for the first quarter 2025. The Company warned that it 'may not be able to regain profitability in future periods, particularly if [it] incur[s] significant unrealized losses related to [its] digital assets.'
On this news, Strategy's stock price fell $25.47, or 8.7%, to close at $268.14 per share on April 7, 2025, thereby injuring investors.
Then, on May 1, 2025, Strategy released its first quarter 2025 financial results, confirming that it had recorded an unrealized fair value loss on digital assets of approximately $5.9 billion due to applying a fair value accounting methodology to Strategy's bitcoin assets following bitcoin's depreciation in value during the first quarter of 2025.
Contact Us To Participate or Learn More:
If you wish to learn more about this action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us.
Charles Linehan, Esq.,
Glancy Prongay & Murray LLP,
1925 Century Park East, Suite 2100,
Los Angeles, California 90067
Email: shareholders@glancylaw.com
Telephone: 310-201-9150 (Toll-Free: 888-773-9224)
Visit our website at www.glancylaw.com.
Follow us for updates on LinkedIn, Twitter, or Facebook.
Whistleblower Notice
Persons with non-public information regarding Strategy should consider their options to aid the investigation or take advantage of the SEC Whistleblower Program. Under the program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Charles H. Linehan at 310-201-9150 or 888-773-9224 or email shareholders@glancylaw.com.
About Glancy Prongay & Murray LLP
Glancy Prongay & Murray LLP ('GPM') is a premier law firm representing investors and consumers in securities litigation and other complex class action litigation. GPM has been consistently ranked in the Top 50 Securities Class Action Settlements by ISS Securities Class Action Services. In 2018, GPM was ranked a top five law firm in number of securities class action settlements, and a top six law firm for total dollar size of settlements.
With four offices across the country, GPM's nearly 40 attorneys have won groundbreaking rulings and recovered billions of dollars for investors and consumers in securities, antitrust, consumer, and employment class actions. GPM's lawyers have handled cases covering a wide spectrum of corporate misconduct and relating to nearly all industries and sectors. GPM's past successes have been widely covered by leading news and industry publications such as The Wall Street Journal, The Financial Times, Bloomberg Businessweek, Reuters, the Associated Press, Barron's, Investor's Business Daily, Forbes, and Money.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Wall Street futures edge up as investors await key jobs data
Wall Street futures edge up as investors await key jobs data

Yahoo

time32 minutes ago

  • Yahoo

Wall Street futures edge up as investors await key jobs data

(Reuters) -U.S. stock index futures edged higher on Thursday as investors looked ahead to the monthly jobs report to gauge the impact of President Donald Trump's trade policies on the labor market and the Federal Reserve's interest rate trajectory. Following Wednesday's weaker-than-expected U.S. private jobs and services sector data, Friday's non-farm payrolls report will come under sharp scrutiny as investors fear that Trump's erratic trade policies will drive a slowdown in economic growth. The data comes ahead of the Fed's policy decision later this month, where policymakers are widely expected to hold interest rates. Traders currently see at least two rate cuts by the end of this year, as per pricing in money markets. Despite continued calls from Trump to slash interest rates, Fed Chair Jerome Powell has opted to stand pat so far, awaiting further data to help dictate the policy decision as tariff volatility prevails. On Wednesday, Washington's doubled tariffs on imported steel and aluminum came to effect and it also marked Trump's deadline for trading partners to make their best offers to avoid other punishing import levies from taking effect in early July. Investors focused on tariff negotiations between Washington and trading partners, with Trump and Chinese leader Xi Jinping expected to speak sometime this week as tensions simmer between the world's two biggest economies. U.S. equities rallied sharply in May, with investors boosting the S&P 500 index and the tech-heavy Nasdaq to their biggest monthly percentage gain since November 2023, thanks to a softening of Trump's harsh trade stance and upbeat earnings reports. The S&P 500 remains nearly 3% below record highs touched in February. Data scheduled for Thursday include initial jobless claims and international trade data at 08:30 a.m. ET. U.S. central bank officials including Fed Board Governor Adriana Kugler, Fed Kansas City President Jeffrey Schmid and Fed Philadelphia President Patrick Harker are scheduled to speak later in the day. At 5:53 a.m. ET, Dow E-minis were up 45 points, or 0.11%, S&P 500 E-minis were up 3 points, or 0.05%. Nasdaq 100 E-minis were up 10 points, or 0.05% Most megacap and growth stocks were mixed in premarket trading. Tesla fell 1.7%. Among early movers, shares of MongoDB jumped nearly 15% after the software company gave an upbeat annual forecast and reported quarterly results above estimates. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

US stock futures little changed as investors await earnings
US stock futures little changed as investors await earnings

Yahoo

time37 minutes ago

  • Yahoo

US stock futures little changed as investors await earnings

U.S. stock futures are little changed with some focus on earnings after the bell. Discount retailer Five Below and software company MongoDB both beat analysts' estimates with their quarterly results. At 6:15 a.m. ET, Dow futures added 0.10% while broad S&P 500 futures rose 0.07% and tech-laden Nasdaq futures added 0.08%. Before the bell, investors will see weekly jobless claims data. The data could be key after a week of mixed reports. Earlier, data showed a surprisngly large jump in job openings in April followed by weaker-than-expected hiring at private companies. Brown-Forman will report earnings before the bell, and Broadcom, Docusign and Lululemon will follow after the close. Circle Internet Group priced its initial public offering at $31 per share, surpassing the expected range of $27 to $28 per share. Bitcoin was last xx xxx% Medora Lee is a money, markets, and personal finance reporter at USA TODAY. You can reach her at mjlee@ and subscribe to our free Daily Money newsletter for personal finance tips and business news every Monday through Friday. This article originally appeared on USA TODAY: US stock futures little changed as investors await earnings Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

US stock futures little changed as investors await earnings
US stock futures little changed as investors await earnings

USA Today

time41 minutes ago

  • USA Today

US stock futures little changed as investors await earnings

U.S. stock futures are little changed with some focus on earnings after the bell. Discount retailer Five Below and software company MongoDB both beat analysts' estimates with their quarterly results. At 6:15 a.m. ET, Dow futures added 0.10% while broad S&P 500 futures rose 0.07% and tech-laden Nasdaq futures added 0.08%. Before the bell, investors will see weekly jobless claims data. The data could be key after a week of mixed reports. Earlier, data showed a surprisngly large jump in job openings in April followed by weaker-than-expected hiring at private companies. Brown-Forman will report earnings before the bell, and Broadcom, Docusign and Lululemon will follow after the close. Need a break? Play the USA TODAY Daily Crossword Puzzle. Cryptocurrency Circle Internet Group priced its initial public offering at $31 per share, surpassing the expected range of $27 to $28 per share. Bitcoin was last xx xxx% Medora Lee is a money, markets, and personal finance reporter at USA TODAY. You can reach her at mjlee@ and subscribe to our free Daily Money newsletter for personal finance tips and business news every Monday through Friday.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store