MicroStrategy Incorporated, a leader in enterprise analytics and a pioneer in Bitcoin investment, has filed a registration statement with the Securities and Exchange Commission on August 1, 2024, for a proposed sale of up to $2.0 billion of its Class A common stock. The sales agreement involves TD Securities (USA) LLC, The Benchmark Company, LLC, BTIG, LLC, Canaccord Genuity LLC, Maxim Group LLC, and SG Americas Securities, LLC. The offering will be conducted as an 'at the market' offering, allowing MicroStrategy to sell shares from time to time directly on the Nasdaq Global Select Market. The proceeds are intended for general corporate purposes, including the acquisition of Bitcoin, working capital needs, and potentially repaying or repurchasing existing debt. This move comes as part of MicroStrategy's ongoing strategy to invest in Bitcoin as its primary treasury reserve asset and to develop Bitcoin applications alongside its core enterprise analytics software business.

MicroStrategy Incorporated, a leader in enterprise analytics and a pioneer in Bitcoin investment, has filed a registration statement with the Securities and Exchange Commission on August 1, 2024, for a proposed sale of up to $2.0 billion of its Class A common stock. The sales agreement involves TD Securities (USA) LLC, The Benchmark Company, LLC, BTIG, LLC, Canaccord Genuity LLC, Maxim Group LLC, and SG Americas Securities, LLC. The offering will be conducted as an 'at the market' offering, allowing MicroStrategy to sell shares from time to time directly on the Nasdaq Global Select Market. The proceeds are intended for general corporate purposes, including the acquisition of Bitcoin, working capital needs, and potentially repaying or repurchasing existing debt. This move comes as part of MicroStrategy's ongoing strategy to invest in Bitcoin as its primary treasury reserve asset and to develop Bitcoin applications alongside its core enterprise analytics software business.