The stock is listed on the Nasdaq Global Select Market

Davis Polk advised the sales agents in connection with an SEC-registered at-the-market offering by MicroStrategy Incorporated of its shares of Class A common stock for up to an aggregate amount of $750 million. The Class A common stock is listed on the Nasdaq Global Select Market under the symbol “MSTR.”

MicroStrategy is a global leader in enterprise analytics software and services. The company intends to use the net proceeds from the sale for general corporate purposes, including the acquisition of bitcoin and working capital, and, subject to market conditions, for the repurchase or repayment of certain of its indebtedness.

The Davis Polk corporate team included partner Joseph A. Hall and associates Michael Stromquist and Tomisin Ogunsanya. All members of the Davis Polk team are based in the New York office.

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