MicroStrategy’s X account was hacked on Monday, leading to a phishing message being posted for its followers, blockchain sleuth ZachXBT said.
The X account of Michael Saylor’s software firm sent out a post announcing the launch of an MSTR token and a link for claiming the fake token. MSTR is MicroStrategy's stock symbol.
MicroStrategy is a business intelligence software maker that has invested more than $6 billion in bitcoin (BTC) and is the largest publicly traded owner of the No. 1 cryptocurrency by market cap. Founder and Executive Chairman Saylor is a supporter of the token and frequently posts about it on the social media platform. Today the Tysons Corner, Virginia-based company said it bought another 3,000 BTC, taking the total owned to 193,000.
The phishing attempt led to over $440,000 worth of crypto being stolen, ZachXBT added. The post has since been deleted.
MicroStrategy did not immediately respond to a request for comment.
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UPDATE (Feb. 26, 16:27 UTC): Adds MicroStrategy's stock ticker is the same as that of the purported token in second paragraph, background on the company and it's interest in bitcoin in third.