MicroStrategy Completes $1.01 billion Convertible Senior Notes Issuance

MicroStrategy announced the completion on September 19, 2024 of the previously announced 0.625% Convertible Senior Notes due 2028 (the "Notes"). The total principal amount of the Notes sold in this offering is $1.01 billion, which includes the $135 million Notes issued under a purchase option granted to the initial purchaser under the purchase agreement, which is valid for 13 days from the date of the Notes' initial offering and fully exercised by the initial purchaser on September 18, 2024, with additional purchases completed on September 19, 2024.