WilmerHale Advises MicroStrategy Incorporated in $1.05 Billion Rule 144A Offering of 0% Convertible Senior Notes Due 2027

WilmerHale Advises MicroStrategy Incorporated in $1.05 Billion Rule 144A Offering of 0% Convertible Senior Notes Due 2027

Client News

WilmerHale represented MicroStrategy Incorporated, the largest independent publicly-traded business intelligence company, in connection with a Rule 144A offering of $1.05 billion of 0% Convertible Senior Notes due 2027. This transaction was the first convertible note offering in which the stated use of proceeds was to purchase bitcoin. The offering priced on February 16, 2021 and closed on February 19, 2021.

The WilmerHale team consisted of Tom Ward, Erika Robinson, Jeffries Oliver-Li, Ryan Brewer, Lauren Roberts, Julie Hogan Rodgers, Amy Null and Heidi Treiber.

Notice

We appreciate your interest in WilmerHale. While we are pleased to have you contact us, please keep in mind that merely contacting WilmerHale does not create an attorney-client relationship. Such a relationship will not arise until the Firm agrees in writing to represent you in connection with a particular matter. Importantly, unless and until this has occurred, you should not provide us with any confidential information, and we have no duty to keep confidential any information that we may receive from you. Thank you for your understanding.