On October 30, 2024, MicroStrategy Incorporated announced the entry into a Sales Agreement with a consortium of sales agents including TD Securities (USA) LLC, Barclays Capital Inc., and others, to potentially issue and sell up to $21.0 billion of its class A common stock. The offering will be conducted on an 'at the market' basis, allowing sales at prevailing market prices from time to time. MicroStrategy has the discretion to determine the timing and amount of stock sold, with no obligation to sell any specific number of shares. The company will pay up to 2% in commissions to the agents involved in the sales. The shares will be offered through a prospectus supplement filed with the SEC under an existing shelf registration statement. The legal firm Wilmer Cutler Pickering Hale and Dorr LLP provided a legal opinion on the shares, which is included in the exhibits of the SEC filing. This move does not constitute an offer to sell or a solicitation of an offer to buy the securities.

On October 30, 2024, MicroStrategy Incorporated announced the entry into a Sales Agreement with a consortium of sales agents including TD Securities (USA) LLC, Barclays Capital Inc., and others, to potentially issue and sell up to $21.0 billion of its class A common stock. The offering will be conducted on an 'at the market' basis, allowing sales at prevailing market prices from time to time. MicroStrategy has the discretion to determine the timing and amount of stock sold, with no obligation to sell any specific number of shares. The company will pay up to 2% in commissions to the agents involved in the sales. The shares will be offered through a prospectus supplement filed with the SEC under an existing shelf registration statement. The legal firm Wilmer Cutler Pickering Hale and Dorr LLP provided a legal opinion on the shares, which is included in the exhibits of the SEC filing. This move does not constitute an offer to sell or a solicitation of an offer to buy the securities.