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MicroStrategy disclosed that during the period between July 1 August 23, it purchased approximately 3,907 bitcoins for approximately $177M in cash, at an average price of approximately $45,294 per bitcoin, inclusive of fees and expenses.

As of August 23, the company held approximately 108,992 bitcoins that were acquired at an aggregate purchase price of $2.918B and an average purchase price of approximately $26,769 per bitcoin. As previously disclosed, MicroStrategy entered into an open market sale agreement with Jefferies, pursuant to which the company may issue and sell shares of its class A common stock, having an aggregate offering price of up to $1.0B from time to time.

MicroStrategy announced today that during the period between July 1 and August 23, it had issued and sold an aggregate of 238,053 shares under the ATM facility, at an average gross price per Share of approximately $753.21, for aggregate net proceeds of approximately $177.5M.