MicroStrategy Sells Over 1.3 Million Shares, Raising $561 Million

According to Odaily, MicroStrategy has announced the sale of 1,317,841 shares between December 16 and December 22, 2024, under a sales agreement. The company reported net proceeds of approximately $561 million after deducting sales commissions. MicroStrategy still has around $7.08 billion worth of shares available for issuance and sale under the same agreement.