Portnoy Law Firm has initiated a class action lawsuit against MicroStrategy, targeting investors who acquired the company's securities between April 30, 2024, and April 4, 2025. The lawsuit alleges that MicroStrategy exaggerated the anticipated profitability of its Bitcoin investment strategy while downplaying the associated risks. This legal action follows similar lawsuits by Frank R. Cruz and Pomerantz, which also claim that MicroStrategy issued misleading statements to investors during the same period.