WilmerHale Advises Strategy in $21 Billion At-the-Market Equity Offering

WilmerHale Advises Strategy in $21 Billion At-the-Market Equity Offering

Client News

Related Solutions

Leveraging our sophisticated technical, market and legal experience to help clients effectively and efficiently manage complex transactions and get the deal done.
Critical industry insight and formidable strength across key practices.

WilmerHale represented MicroStrategy Incorporated d/b/a Strategy, the world’s first and largest Bitcoin treasury company, in connection with the company’s new at-the-market equity offering program, pursuant to which Strategy may issue and sell shares of its class A common stock from time to time having an aggregate offering price of up to $21 billion. Sales under the program will be administered by sales agents under a sales agreement dated May 1, 2025.

The WilmerHale team consisted of Tom Ward, Jeffries Oliver-Li, Hilary Baker-Jennings, Nick Andreacchi, Connor McRory 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.

I Accept Cancel