Summary by Futu AI
On September 30, 2024, BlackRock, Inc., a Delaware-based investment management corporation, filed an amended Schedule 13G with the Securities and Exchange Commission (SEC), indicating a 5.2% ownership stake in MicroStrategy Incorporated. This filing, which is the 18th amendment, reflects changes in BlackRock's beneficial ownership of MicroStrategy's Class A Common Stock, amounting to 9,477,813 shares. The filing is a routine disclosure required by securities regulations for entities that own more than 5% of a company's stock. BlackRock's filing confirms that the shares are held in the ordinary course of business and not for the purpose of changing or influencing the control of MicroStrategy. The filing also includes a list of BlackRock subsidiaries and a power of attorney authorizing certain individuals to execute documents related to SEC filings on behalf of BlackRock.