By Mary Apartment

June 29, 2020

SEC to address growing crypto issuer filings with specialized office

“The creation of these new offices will enable the DRP to enhance its focus in the areas of crypto assets, financial institutions, life sciences, and industrial applications and services and facilitate our ability to meet our mission.”

MicroStrategy holds approximately 129,699 BTC, which was amassed over several years at an aggregate purchase price of $3.977 billion. With crypto prices failing to recover, the company’s BTC reserves stand as a loss of over $1 billion, as shown by Bitcoin Treasuries data.

THE OFFERING Class A common stock offered by us Shares of our class A common stock having an aggregate offering price of up to $500,000,000. Class A common stock to be outstanding immediately after this offering Up to 11,474,290 shares, assuming sales of $500,000,000 shares of our class A common stock in this offering at a price of $234.50 per share, which was the last reported sale price of our class A common stock on The Nasdaq Global Select Market on September 8, 2022. The actual number of shares issued will vary depending on the sales price under this offering.