Investor Presentaiton

MicroStrategy Outperformance Since Adoption of Bitcoin Strategy Key Assets and Indices Big Tech Stocks Enterprise Software Stocks 305% 260% II.. 48% 42% 1% -18% -19% Bitcoin S&P 500 Nasdaq Gold Silver Bonds 97% 92% 81% 65% 17% 9% MSFT GOOG META AAPL NFLX AMZN 111% 53% 45% 11% ORCL IBM CRM SAP Stock performance since August 10, 2020, when MicroStrategy adopted its bitcoin strategy. Source: FactSet as of 4pm Eastern Time on February 2, 2024. 21 MSTR וח

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