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The filed complaint alleges that Strategy Incorporated made materially 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.
In order to be eligible to join the MSTR class action lawsuit, you must have incurred a loss on shares of Strategy Incorporated purchased during the class period listed above.
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