November 25th, 2024

$97,862 per bitcoin ,,, includes fees and expenses

average price of approximately $97,862 per bitcoin, inclusive of fees and expenses.

MSTR just purchased 55,500 bitcoins for approximately $5.4 billion *IN CASH*—


55,500 bitcoins for approximately $5.4 billion in cash

Bitcoin Holdings Update
On November 25, 2024, the Company announced that, during the period between November 18, 2024 and November 24, 2024, the Company acquired
approximately 55,500 bitcoins for approximately $5.4 billion in cash, at an average price of approximately $97,862 per bitcoin, inclusive of fees and
expenses. The bitcoin purchases were made using proceeds from the Convertible Notes Offering and the issuance and sale of Shares under the Sales
Agreement.
As of November 24, 2024, the Company, together with its subsidiaries, held an aggregate of approximately 386,700 bitcoins, which were acquired at an
aggregate purchase price of approximately $21.9 billion and an average purchase price of approximately $56,761 per bitcoin, inclusive of fees and
expenses.