MicroStrategy Incorporated (the "Company") previously disclosed, on August 11,
2020, that it had purchased 21,454 bitcoins at an aggregate purchase price of
$250 million, inclusive of fees and expenses. On September 14, 2020, the Company
completed its acquisition of 16,796 additional bitcoins at an aggregate purchase
price of $175 million, inclusive of fees and expenses. To date, the Company has
purchased a total of 38,250 bitcoins at an aggregate purchase price of $425
million, inclusive of fees and expenses.
MicroStrategy Incorporated is a bitcoin development company. It is engaged in the development of the bitcoin network through its activities in the financial markets, advocacy and technology. It designs, develops, markets and sales its software platform through licensing arrangements and cloud subscriptions and related services. It provides artificial intelligence-powered business intelligence, and enterprise analytics solutions. It offers software and services designed to turn complex, chaotic data environments into rich, reliable, and convenient information feeds for its customers. Its cloud-native flagship, MicroStrategy ONE, powers some of the analytics deployments in the world for customers spanning a range of industries, including retail, banking, technology, manufacturing, insurance, consulting, healthcare, telecommunications and the public sector. MicroStrategy ONE provides non-technical users with the ability to directly access novel and actionable insights for decision-making.
MICROSTRATEGY INCORPORATED 
