MicroStrategy Announces Second Quarter 2023 Financial Results; Now Holds 152,800 BTC in Total

Acquired 12,800 bitcoins since Q1 for $361.4 million, or $28,233 per bitcoin

As of July 31, 2023, held 152,800 bitcoins acquired for total cost of $4.53 billion, or $29,672 per bitcoin

Total Revenues of $120.4 million, 1% decrease year-over-year, flat at constant currency

Software Licenses Revenues of $35.4 million, 4% increase year-over-year, 7% on a constant currency basis

Subscription Services Revenues of $19.9 million, 42% increase year-over-year, 44% on a constant currency basis

TYSONS CORNER, Va., August 1, 2023 - MicroStrategy® Incorporated (Nasdaq: MSTR) (“MicroStrategy” or the “Company”), the largest independent publicly-traded business intelligence company, today announced financial results.

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