Shares in cybersecurity firm CrowdStrike Holdings (CRWD) fell on Friday amid a Bloomberg report that its top executives are part of a government probe involving a technology distributor, Carahsoft Technology, and the Internal Revenue Service. CrowdStrike stock has gained 18% in 2025.

The Department of Justice and the Securities Exchange Commission are looking into the $32 million deal, Bloomberg said. As part of the probe, government officials are seeking information on what senior CrowdStrike executives may have known about the deal and are examining other transactions made by the cybersecurity firm, Bloomberg said.