MicroStrategy $21B ATM Equity Offering event
Overview
MicroStrategy disclosed on 30 October 2024 an at-the-market equity programme to sell up to $21 billion of its Class A common stock on a rolling basis. The initiative constitutes the equity component of the company's '21/21 Plan', a three-year strategy to raise $42 billion in total capital. Net proceeds are designated mainly for Bitcoin acquisitions as a corporate treasury reserve. MicroStrategy characterised the programme as the largest ATM offering ever executed in capital markets.
Within The Counterparty graph, MicroStrategy $21B ATM Equity Offering connects to 1 tracked entity, most strongly to Strategy Inc..
Relations
Top connections in The Counterparty knowledge graph (confidence-weighted, 1 of 1 total).
| Relation | Connected entity | Confidence |
|---|---|---|
launched | Strategy Inc. | 95% |
Frequently asked questions
What is MicroStrategy $21B ATM Equity Offering?
MicroStrategy $21B ATM Equity Offering is an event tracked in The Counterparty knowledge graph. It is connected to 1 other tracked entity, most strongly to Strategy Inc..
What type of entity is MicroStrategy $21B ATM Equity Offering?
MicroStrategy $21B ATM Equity Offering is classified as an event (event) in The Counterparty knowledge graph.
What is MicroStrategy $21B ATM Equity Offering connected to?
In The Counterparty knowledge graph, MicroStrategy $21B ATM Equity Offering is linked to 1 other tracked entity, most strongly to Strategy Inc..
Sources
Facts in this record were checked against the following. Where a claim is not covered here, the record states only what the graph holds.