Microsoft announced the launch of the Microsoft Azure Hybrid Benefit for SQL Server. The Microsoft Azure Hybrid Benefit for SQL Server will allow customers to use their existing SQL Server licenses with active Software Assurance toward Azure SQL Database Managed Instance(s) and pay only for the underlying compute and storage.
To find out more about the Microsoft Azure Hybrid Benefit for SQL Server, please visit: https://azure.microsoft.com/en-us/blog/migrate-your-databases-to-a-fully-managed-service-with-azure-sql-database-managed-instance/