diff --git a/.changeset/mcp-capture-initialize-option.md b/.changeset/mcp-capture-initialize-option.md
new file mode 100644
index 0000000000..366ed834fd
--- /dev/null
+++ b/.changeset/mcp-capture-initialize-option.md
@@ -0,0 +1,5 @@
+---
+'@posthog/mcp': minor
+---
+
+Add a `sendInitializeEvent` option. It is on by default. Set it to `false` to stop sending `$mcp_initialize`.
diff --git a/packages/mcp/README.md b/packages/mcp/README.md
index 80fa451670..fa38380bff 100644
--- a/packages/mcp/README.md
+++ b/packages/mcp/README.md
@@ -177,8 +177,8 @@ On fresh low-level instances, tools with an `outputSchema` deliver new handles t
 
 A valid echoed conversation handle takes precedence over transport sessions. A request that already carries a transport session or a PostHog session token does not mint a new handle or append a prompt-back block. Requests carrying neither use the conversation fallback.
 
-Intent, model capture, conversation correlation, and exception capture are enabled by default.
-Missing-capability reporting and feedback collection remain disabled.
+Intent, model capture, conversation correlation, exception capture, and `$mcp_initialize` are
+enabled by default. Missing-capability reporting and feedback collection remain disabled.
 
 ```ts
 instrument(server, posthog, { captureModel: false, enableConversationId: false })
@@ -193,6 +193,16 @@ to retain transport-based session grouping and unchanged response content. Custo
 dispatchers also enable model capture and conversation correlation by default.
 The reasoning behind these defaults is in [ADR-0013](./docs/adr/0013-analytics-capture-is-on-by-default.md).
 
+Set `sendInitializeEvent: false` to stop sending `$mcp_initialize`. Many clients reconnect before
+every few tool calls, so this event can outnumber `$mcp_tool_call`. Nothing else changes in what
+the SDK sends: tool calls keep their sessions and client identity. In PostHog, MCP onboarding and
+the users and sessions tiles of the default MCP dashboard read `$mcp_initialize`. They show no data
+while the option is off.
+
+```ts
+instrument(server, posthog, { sendInitializeEvent: false })
+```
+
 ### Identifying the deployed server build
 
 MCP advertises a server version, but it does not define an exact build identifier. Pass an immutable
diff --git a/packages/mcp/src/__tests__/stateless-session.test.ts b/packages/mcp/src/__tests__/stateless-session.test.ts
index b41c28649f..a295e99ba9 100644
--- a/packages/mcp/src/__tests__/stateless-session.test.ts
+++ b/packages/mcp/src/__tests__/stateless-session.test.ts
@@ -1,5 +1,9 @@
 import { Server } from '@modelcontextprotocol/sdk/server/index.js'
-import { CallToolRequestSchema, ListToolsRequestSchema } from '@modelcontextprotocol/sdk/types.js'
+import {
+  CallToolRequestSchema,
+  LATEST_PROTOCOL_VERSION,
+  ListToolsRequestSchema,
+} from '@modelcontextprotocol/sdk/types.js'
 import { instrument } from '../index'
 import { getServerTrackingData } from '../extensions/internal'
 import { decodeSessionId } from '../extensions/session-token'
@@ -326,4 +330,58 @@ describe('Stateless session minting', () => {
       expect(eventCapture.findCapturesByEvent('$mcp_tool_call')[0].distinct_id).toBe('user_mock')
     })
   })
+
+  describe('sendInitializeEvent: false', () => {
+    const OFF: MCPAnalyticsOptions = { sendInitializeEvent: false }
+    const callTool = { method: 'tools/call', params: { name: 'get_plan', arguments: {} } }
+
+    it('sends no $mcp_initialize but still mints the token another pod resolves', async () => {
+      const podA = createPod('pod-off-a', OFF)
+      const transportA: { sessionId?: string } = {}
+      setFakeTransport(podA.server, transportA)
+      await invokeHandler(podA.lowLevel, 'initialize', INITIALIZE_REQUEST, { requestInfo: { headers: {} } })
+
+      const decoded = decodeSessionId(transportA.sessionId)
+      expect(decoded).not.toBeNull()
+      expect(eventCapture.findCapturesByEvent('$mcp_initialize')).toHaveLength(0)
+
+      const podB = createPod('pod-off-b', OFF)
+      await invokeHandler(podB.lowLevel, 'tools/call', callTool, {
+        requestInfo: { headers: { 'mcp-session-id': transportA.sessionId } },
+      })
+
+      const toolCalls = eventCapture.findCapturesByEvent('$mcp_tool_call')
+      expect(toolCalls).toHaveLength(1)
+      expect(toolCalls[0].properties.$session_id).toBe(decoded?.sessionId)
+      expect(toolCalls[0].properties.$mcp_client_name).toBe('Claude')
+      expect(toolCalls[0].properties.$mcp_client_version).toBe('1.2.3')
+      expect(toolCalls[0].properties.$mcp_protocol_version).toBe('2025-06-18')
+    })
+
+    it('still re-mints the token with the negotiated version after a downgrade', async () => {
+      const podA = createPod('pod-off-downgrade', OFF)
+      const transportA: { sessionId?: string } = {}
+      setFakeTransport(podA.server, transportA)
+      await invokeHandler(
+        podA.lowLevel,
+        'initialize',
+        { method: 'initialize', params: { ...INITIALIZE_REQUEST.params, protocolVersion: '1999-01-01' } },
+        { requestInfo: { headers: {} } }
+      )
+
+      expect(decodeSessionId(transportA.sessionId)?.protocolVersion).toBe(LATEST_PROTOCOL_VERSION)
+      expect(eventCapture.findCapturesByEvent('$mcp_initialize')).toHaveLength(0)
+    })
+
+    it('still stamps the negotiated version on same-pod tool calls', async () => {
+      const { server, lowLevel } = createPod('pod-off-persist', OFF)
+      setFakeTransport(server, {})
+      await invokeHandler(lowLevel, 'initialize', INITIALIZE_REQUEST, { requestInfo: { headers: {} } })
+      await invokeHandler(lowLevel, 'tools/call', callTool)
+
+      const toolCalls = eventCapture.findCapturesByEvent('$mcp_tool_call')
+      expect(toolCalls).toHaveLength(1)
+      expect(toolCalls[0].properties.$mcp_protocol_version).toBe('2025-06-18')
+    })
+  })
 })
diff --git a/packages/mcp/src/extensions/instrumentation.ts b/packages/mcp/src/extensions/instrumentation.ts
index 1cdf19f61c..8f23abe49c 100644
--- a/packages/mcp/src/extensions/instrumentation.ts
+++ b/packages/mcp/src/extensions/instrumentation.ts
@@ -1198,10 +1198,12 @@ export async function handleInitializeRequest(
   if (mintedSessionId) {
     upgradeMintedTokenToNegotiated(server, mintedSessionId, requestSessionInfo, negotiatedProtocolVersion, data.logger)
   }
-  captureEvent(server, event, data.logger, {
-    ...requestAttribution,
-    protocolVersion: negotiatedProtocolVersion,
-  })
+  if (data.options.sendInitializeEvent !== false) {
+    captureEvent(server, event, data.logger, {
+      ...requestAttribution,
+      protocolVersion: negotiatedProtocolVersion,
+    })
+  }
   return result
 }
 
diff --git a/packages/mcp/src/index.ts b/packages/mcp/src/index.ts
index 599f2668db..03674e0ff2 100644
--- a/packages/mcp/src/index.ts
+++ b/packages/mcp/src/index.ts
@@ -144,6 +144,7 @@ const DEFAULT_OPTIONS = {
   collectFeedback: false,
   enableConversationId: true,
   captureModel: true,
+  sendInitializeEvent: true,
 } satisfies Partial<MCPAnalyticsOptions>
 
 function buildTrackingData(
diff --git a/packages/mcp/src/types.ts b/packages/mcp/src/types.ts
index 2de5ee81f0..c6887b1327 100644
--- a/packages/mcp/src/types.ts
+++ b/packages/mcp/src/types.ts
@@ -164,6 +164,11 @@ export interface MCPAnalyticsOptions {
    * security. Missing, blank, and `"unknown"` values are dropped.
    */
   captureModel?: boolean | MCPAnalyticsModelOptions
+  /**
+   * Send `$mcp_initialize` for each `initialize` handshake. On by default.
+   * Set to `false` to stop sending it. Nothing else changes.
+   */
+  sendInitializeEvent?: boolean
   /**
    * Identify the calling user. Returning a non-null value sets `distinct_id` and `$set`
    * on subsequent events for the session. Object form is treated as a static identity.