Microstrategy plans to raise $750 million through common stock sale

Microstrategy, Inc. (Nasdaq: MSTR) announced that pursuant to a sales agreement signed with Cowen and Company, LLC, Canaccord Genuity LLC and BTIG, LLC (collectively, the Agent) on November 30, 2023, the The company plans to raise up to $700 million through the sale of Class A common stock. The shares of Class A common stock have a par value of $0.001 per share and will trade on the Nasdaq Global Select Market under the symbol "MSTR." As of November 28, 2023, the last traded price of Microstrategy Class A common stock on the Nasdaq Global Select Market was $505.87 per share. Pursuant to this prospectus supplement, sales of these common shares may be made at market price, in any manner permitted by law, and will be deemed an offering on the market (pursuant to Rule 415(a)(4) of the Securities Act of 1933, as amended Regulation).