0000000000-23-004729.txt : 20230609 0000000000-23-004729.hdr.sgml : 20230609 20230508083003 ACCESSION NUMBER: 0000000000-23-004729 CONFORMED SUBMISSION TYPE: UPLOAD PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20230508 FILED FOR: COMPANY DATA: COMPANY CONFORMED NAME: MICROSTRATEGY Inc CENTRAL INDEX KEY: 0001050446 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] IRS NUMBER: 510323571 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: UPLOAD BUSINESS ADDRESS: STREET 1: 1850 TOWERS CRESCENT PLAZA CITY: TYSONS CORNER STATE: VA ZIP: 22182 BUSINESS PHONE: 703-848-8600 MAIL ADDRESS: STREET 1: 1850 TOWERS CRESCENT PLAZA CITY: TYSONS CORNER STATE: VA ZIP: 22182 FORMER COMPANY: FORMER CONFORMED NAME: MICROSTRATEGY INC DATE OF NAME CHANGE: 19971126 PUBLIC REFERENCE ACCESSION NUMBER: 0001564590-23-002012 LETTER 1 filename1.pdf begin 644 filename1 M)5!$1BTQ+C4*)>+CS],*,2 P(&]B:@H\/"]#;VQO7!E+UA/8FIE8W0O5VED=&@@,30R."],96YG=&@@,S8U+T)I='-097)# M;VUP;VYE;G0@.#X^7M0Q1$1$1$1$1&3"Q\<'QA6_?__&K *98K_? 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HE)45/1@H! end TEXT-EXTRACT 2 filename2.txt United States securities and exchange commission logo May 8, 2023 Andrew Kang Senior Executive VP and Chief Financial Officer Microstrategy Inc. 1840 Towers Crescent Plaza Tysons Corner, VA 22182 Re: Microstrategy Inc Form 10-K for Fiscal Year Ended December 31, 2022 Filed February 16, 2023 File No. 000-24435 Dear Andrew Kang: We have reviewed your April 19, 2023 response to our comment letter and have the following comment. Our comment may ask you to provide us with information so we may better understand your disclosure. Please respond to this comment within ten business days by providing the requested information or advise us as soon as possible when you will respond. If you do not believe our comment applies to your facts and circumstances, please tell us why in your response. After reviewing your response to these comments, we may have additional comments. Unless we note otherwise, reference to our prior comment is to our April 5, 2023 letter. Form 10-K for the year ended December 31, 2022 Notes to Consolidated Financial Statements Note 4. Digital Assets, page 88 1. We note your response to prior comment 3 and your revised disclosures in your recent Form 10-Q filing where you included the market value at quarter end of bitcoin pledged as collateral. Please also revise your financial statement footnotes disclosures to provide the dollar amount of bitcoin included in your digital asset balance sheet line item at period end that is is pledged as collateral. Andrew Kang FirstName LastNameAndrew Kang Microstrategy Inc. Comapany May 8, 2023NameMicrostrategy Inc. May 8, Page 2 2023 Page 2 FirstName LastName Please contact Kathleen Collins, Accounting Branch Chief, at (202) 551-3499 with any questions. Sincerely, Division of Corporation Finance Office of Technology cc: Jeanine Montgomery, CAO