On May 13, 2021, MicroStrategy Incorporated (the "Company") announced that it
had purchased approximately 271 bitcoins for $15.0 million in cash, at an
average price of approximately $55,387 per bitcoin, inclusive of fees and
expenses. As of May 13, 2021, the Company holds approximately 91,850 bitcoins
that were acquired at an aggregate purchase price of $2.241 billion and an
average purchase price of approximately $24,403 per bitcoin, 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 
