MicroStrategy Ranks 17th in Trading Volume Amid Class Action Lawsuit Over Bitcoin Strategy
1min readOn June 24, 2025,
(MSTR) saw a trading volume of $3.153 billion, ranking it 17th in the day's stock market activity. The stock price increased by 2.61%.MicroStrategy is currently facing a class action lawsuit filed by Bronstein, Gewirtz & Grossman, LLC. The lawsuit alleges that the company made materially false and misleading statements regarding its bitcoin-focused investment strategy and treasury operations during the class period from April 30, 2024, to April 4, 2025. The complaint specifically highlights that the anticipated profitability of MicroStrategy's bitcoin investments was overstated, while the risks associated with bitcoin's volatility and potential losses were understated. Investors who purchased MicroStrategy securities during this period are encouraged to join the lawsuit by visiting the firm's website or contacting the firm directly.
The lawsuit seeks to recover damages on behalf of all persons and entities that acquired MicroStrategy securities during the class period. Investors have until July 15, 2025, to request that the court appoint them as lead plaintiff. The firm represents investors in securities fraud class actions on a contingency fee basis, meaning there is no cost to investors unless the firm is successful in recovering damages. Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm with a track record of recovering hundreds of millions of dollars for investors nationwide.
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