As previously disclosed, on October 30, 2024, Microstrategy, Inc. (NASDAQ🙂 entered into a Sales Agreement (the “Sales Agreement”) with TD Securities (USA) LLC, Barclays Capital Inc., The Benchmark Company, LLC, BTIG, LLC, Canaccord Genuity LLC, Cantor Fitzgerald & Co., Maxim Group LLC, Mizuho Securities USA LLC, and SG Americas Securities, LLC, as agents (the “Sales Agents”), pursuant to which the Company may issue and sell shares of its class A common stock, par value $0.001 per share (“Shares”), having an aggregate offering price of up to $21 billion from time to time through the Sales Agents.
On December 23, 2024, the Company announced that, during the period between December 16, 2024 and December 22, 2024, the Company had sold an aggregate of 1,317,841 Shares under the Sales Agreement for aggregate net proceeds to the Company (less sales commissions) of approximately $561 million. As of December 22, 2024, approximately…
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