Company: MSTR
Filing Date: 2025-01-03
Form Type: DEF 14A
Source: 0001140361-25-000231
Chunk: 176

Company: Strategy Inc
Filing Date: 2025-01-03
Form: DEF 14A
Chunk 176
---
 1,246,478 |     |  823,945 |
| Issuance costs paid related to sale of common stock under public offerings                         |     |            -4,185 |     |   -4,286 |
| Proceeds from exercise of stock options                                                            |     |           157,541 |     |   14,217 |
| Proceeds from sales under employee stock purchase plan                                             |     |             4,304 |     |    3,955 |
| Payment of withholding tax on vesting of restricted stock units                                    |     |            -2,173 |     |   -1,391 |
| Net cash provided by financing activities                                                          |     |         4,046,067 |     |  676,025 |
| Effect of foreign exchange rate changes on cash, cash equivalents, and restricted cash             |     |                77 |     |     -997 |
| Net decrease in cash, cash equivalents, and restricted cash                                        |     |              -468 |     |   -3,994 |
| Cash, cash equivalents, and restricted cash, beginning of period                                   |     |            48,673 |     |   50,868 |
| Cash, cash equivalents, and restricted cash, end of period                                         |     |           $48,205 |     |  $46,874 |

The accompanying notes are an integral part of these Consolidated Financial Statements. F-7

#### TABLE OF CONTENTS

### MICROSTRATEGY INCORPORATED

### NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
<div align='center'>**(unaudited)**</div>

**(1) Summary of Significant Accounting Policies

(a) Basis of Presentation**

The accompanying Consolidated Financial Statements of MicroStrategy Incorporated (“MicroStrategy” or the “Company”) are unaudited. In the opinion of management, all adjustments necessary for a fair statement of financial position and results of operations have been included. All such adjustments are of a normal recurring nature, unless otherwise disclosed. Interim results are not necessarily indicative of results for a full year.

On July 11, 2024, the Company announced a 10-for-1 stock split of the Company’s class A common stock and class B common stock. The stock split was effected by means of a stock dividend to the holders of record of the Company’s class A common stock and class B common stock as of the close of business on August 1, 2024, the record date for the dividend