MicroStrategy made a net gain of $1.54 billion from the sale of shares last week
According to MicroStrategy's latest 8-K filing, MicroStrategy announced that between December 9, 2024 and December 15, 2024, the company has sold a total of 3,884,712 shares pursuant to the Sales Agreement, resulting in net proceeds (net of sales commissions) totaling approximately $1.54 billion. As of December 15, 2024, approximately $7.65 billion of shares remain available for issuance and sale pursuant to the Sales Agreement.