2‐(diiodomethyl)‐4,4,5,5‐tetramethyl‐1,3,2‐dioxaborolane is used to perform direct borocyclopropanation reactions; direct meaning that the cyclopropane ring is formed at the same time as the boronic ester is installed. This article describes the procedure for the synthesis of 2‐(diiodomethyl)‐4,4,5,5‐tetramethyl‐1,3,2‐dioxaborolane from dichloromethane. It presents some of the important points to be considered, the conditions that need to be maintained, characterization data, and the reagents required, as well as the techniques used and the equipment setup that are vital to carrying out the process. 2‐(diiodomethyl)‐4,4,5,5‐tetramethyl‐1,3,2‐dioxaborolane has been used in a chromium‐promoted borocyclopropanation. This methodology is applicable to unactivated alkenes under mild conditions with good stereoselectivities and good functional group tolerance. The article also describes the hazards associated with working with chemicals and the ways to deal with these hazards.