MICROSTRATEGY INC

Ticker: MSTR CUSIP: 594972408 Class: EQTY

CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM's Holding History (CIK: 0001081019)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 408,369 Value ($000) $62,052 Avg Close $230.22 Range $151.42 - $365.21

Q3 2025

Shares 411,981 Value ($000) $132,744 Avg Close $371.01 Range $292.36 - $457.22

Q2 2025

Shares 387,910 Value ($000) $156,805 Avg Close $364.26 Range $235.93 - $430.35

Q1 2025

Shares 336,936 Value ($000) $97,129 Avg Close $317.51 Range $231.51 - $404.42

Q4 2024

Shares 285,785 Value ($000) $82,769 Avg Close $300.91 Range $157.02 - $543.00

Q3 2024

Shares 253,594 Value ($000) $42,756 Avg Close $142.97 Range $102.40 - $183.70

Q2 2024

Shares 25,346 Value ($000) $34,914 Avg Close $144.09 Range $101.00 - $174.00

Q1 2024

Shares 14,841 Value ($000) $25,297 Avg Close $91.17 Range $43.87 - $200.00

Q4 2023

Shares 12,826 Value ($000) $8,101 Avg Close $47.40 Range $30.71 - $68.94

Q3 2023

Shares 12,162 Value ($000) $3,993 Avg Close $37.65 Range $31.01 - $47.51

Q2 2023

Shares 13,336 Value ($000) $4,567 Avg Close $30.31 Range $26.60 - $35.27

Q1 2023

Shares 11,812 Value ($000) $3,453 Avg Close $24.41 Range $13.94 - $31.50

Q4 2022

Shares 11,874 Value ($000) $1,681 Avg Close $20.44 Range $13.26 - $29.00

Q3 2022

Shares 11,747 Value ($000) $2,493 Avg Close $25.08 Range $16.00 - $36.20

Q2 2022

Shares 11,979 Value ($000) $1,968 Avg Close $28.92 Range $13.41 - $50.86

Q1 2022

Shares 11,175 Value ($000) $5,435 Avg Close $43.28 Range $30.72 - $57.63

Q4 2021

Shares 11,191 Value ($000) $6,093 Avg Close $68.74 Range $52.88 - $89.14

Q3 2021

Shares 10,499 Value ($000) $6,073 Avg Close $64.12 Range $47.24 - $79.80

Q2 2021

Shares 10,818 Value ($000) $7,189 Avg Close $59.15 Range $41.16 - $88.21

Q1 2021

Shares 11,035 Value ($000) $7,491 Avg Close $70.64 Range $40.65 - $131.50

Q4 2020

Shares 11,065 Value ($000) $4,299 Avg Close $23.35 Range $14.52 - $40.00

Q3 2020

Shares 11,753 Value ($000) $1,770 Avg Close $13.52 Range $11.42 - $17.66

Q2 2020

Shares 11,753 Value ($000) $1,390 Avg Close $12.17 Range $10.86 - $13.13

Q1 2020

Shares 12,495 Value ($000) $1,476 Avg Close $13.58 Range $9.00 - $16.50

Q4 2019

Shares 12,556 Value ($000) $1,791 Avg Close $14.89 Range $13.96 - $15.89

Q3 2019

Shares 12,892 Value ($000) $1,913 Avg Close $13.70 Range $12.05 - $15.35

Q2 2019

Shares 12,738 Value ($000) $1,825 Avg Close $14.12 Range $13.03 - $15.24

Q1 2019

Shares 13,212 Value ($000) $1,906 Avg Close $13.84 Range $12.54 - $15.05

Q4 2018

Shares 14,863 Value ($000) $1,899 Avg Close $12.66 Range $11.55 - $14.20

Q3 2018

Shares 14,528 Value ($000) $2,043 Avg Close $14.05 Range $12.60 - $15.12

Q2 2018

Shares 14,533 Value ($000) $1,857 Avg Close $13.03 Range $12.30 - $13.70

Q1 2018

Shares 14,449 Value ($000) $1,864 Avg Close $13.46 Range $12.22 - $14.21

Q4 2017

Shares 14,977 Value ($000) $1,966 Avg Close $13.42 Range $12.80 - $14.34

Q3 2017

Shares 15,204 Value ($000) $1,942 Avg Close $14.54 Range $12.29 - $19.64

Q2 2017

Shares 16,868 Value ($000) $3,233 Avg Close $18.57 Range $17.75 - $19.46

Q1 2017

Shares 18,719 Value ($000) $3,515 Avg Close $19.38 Range $18.22 - $20.60

Q4 2016

Shares 19,619 Value ($000) $3,873 Avg Close $18.91 Range $16.27 - $20.73

Q3 2016

Shares 20,119 Value ($000) $3,369 Avg Close $17.21 Range $16.19 - $19.18

Q2 2016

Shares 20,019 Value ($000) $3,504 Avg Close $18.41 Range $16.50 - $19.60

Q1 2016

Shares 19,753 Value ($000) $3,550 Avg Close $16.19 Range $14.10 - $18.23

Q4 2015

Shares 17,160 Value ($000) $3,077 Avg Close $18.18 Range $16.42 - $20.98

Q3 2015

Shares 16,960 Value ($000) $3,332 Avg Close $19.82 Range $16.86 - $22.65

Q2 2015

Shares 16,960 Value ($000) $2,885 Avg Close $17.60 Range $16.59 - $19.79

Q1 2015

Shares 16,637 Value ($000) $2,815 Avg Close $16.88 Range $15.00 - $18.26

Q4 2014

Shares 16,937 Value ($000) $2,751 Avg Close $15.80 Range $12.75 - $17.70

Q3 2014

Shares 16,765 Value ($000) $2,194 Avg Close $13.91 Range $12.95 - $15.59

Q2 2014

Shares 16,570 Value ($000) $2,330 Avg Close $12.76 Range $9.88 - $14.61

Q1 2014

Shares 16,470 Value ($000) $1,900 Avg Close $12.49 Range $11.24 - $13.58

Q4 2013

Shares 16,370 Value ($000) $2,034 Avg Close $11.77 Range $9.52 - $13.00

Q3 2013

Shares 16,270 Value ($000) $1,688 Avg Close $9.74 Range $8.71 - $10.89

Q2 2013

Shares 15,777 Value ($000) $1,372 Avg Close $9.35 Range $8.27 - $10.50

Q1 2013

Shares 14,820 Value ($000) $1,498 Avg Close $10.15 Range $9.16 - $11.48

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	408,369	$62,052	$230.22	$151.42 - $365.21
Q3 2025	411,981	$132,744	$371.01	$292.36 - $457.22
Q2 2025	387,910	$156,805	$364.26	$235.93 - $430.35
Q1 2025	336,936	$97,129	$317.51	$231.51 - $404.42
Q4 2024	285,785	$82,769	$300.91	$157.02 - $543.00
Q3 2024	253,594	$42,756	$142.97	$102.40 - $183.70
Q2 2024	25,346	$34,914	$144.09	$101.00 - $174.00
Q1 2024	14,841	$25,297	$91.17	$43.87 - $200.00
Q4 2023	12,826	$8,101	$47.40	$30.71 - $68.94
Q3 2023	12,162	$3,993	$37.65	$31.01 - $47.51
Q2 2023	13,336	$4,567	$30.31	$26.60 - $35.27
Q1 2023	11,812	$3,453	$24.41	$13.94 - $31.50
Q4 2022	11,874	$1,681	$20.44	$13.26 - $29.00
Q3 2022	11,747	$2,493	$25.08	$16.00 - $36.20
Q2 2022	11,979	$1,968	$28.92	$13.41 - $50.86
Q1 2022	11,175	$5,435	$43.28	$30.72 - $57.63
Q4 2021	11,191	$6,093	$68.74	$52.88 - $89.14
Q3 2021	10,499	$6,073	$64.12	$47.24 - $79.80
Q2 2021	10,818	$7,189	$59.15	$41.16 - $88.21
Q1 2021	11,035	$7,491	$70.64	$40.65 - $131.50
Q4 2020	11,065	$4,299	$23.35	$14.52 - $40.00
Q3 2020	11,753	$1,770	$13.52	$11.42 - $17.66
Q2 2020	11,753	$1,390	$12.17	$10.86 - $13.13
Q1 2020	12,495	$1,476	$13.58	$9.00 - $16.50
Q4 2019	12,556	$1,791	$14.89	$13.96 - $15.89
Q3 2019	12,892	$1,913	$13.70	$12.05 - $15.35
Q2 2019	12,738	$1,825	$14.12	$13.03 - $15.24
Q1 2019	13,212	$1,906	$13.84	$12.54 - $15.05
Q4 2018	14,863	$1,899	$12.66	$11.55 - $14.20
Q3 2018	14,528	$2,043	$14.05	$12.60 - $15.12
Q2 2018	14,533	$1,857	$13.03	$12.30 - $13.70
Q1 2018	14,449	$1,864	$13.46	$12.22 - $14.21
Q4 2017	14,977	$1,966	$13.42	$12.80 - $14.34
Q3 2017	15,204	$1,942	$14.54	$12.29 - $19.64
Q2 2017	16,868	$3,233	$18.57	$17.75 - $19.46
Q1 2017	18,719	$3,515	$19.38	$18.22 - $20.60
Q4 2016	19,619	$3,873	$18.91	$16.27 - $20.73
Q3 2016	20,119	$3,369	$17.21	$16.19 - $19.18
Q2 2016	20,019	$3,504	$18.41	$16.50 - $19.60
Q1 2016	19,753	$3,550	$16.19	$14.10 - $18.23
Q4 2015	17,160	$3,077	$18.18	$16.42 - $20.98
Q3 2015	16,960	$3,332	$19.82	$16.86 - $22.65
Q2 2015	16,960	$2,885	$17.60	$16.59 - $19.79
Q1 2015	16,637	$2,815	$16.88	$15.00 - $18.26
Q4 2014	16,937	$2,751	$15.80	$12.75 - $17.70
Q3 2014	16,765	$2,194	$13.91	$12.95 - $15.59
Q2 2014	16,570	$2,330	$12.76	$9.88 - $14.61
Q1 2014	16,470	$1,900	$12.49	$11.24 - $13.58
Q4 2013	16,370	$2,034	$11.77	$9.52 - $13.00
Q3 2013	16,270	$1,688	$9.74	$8.71 - $10.89
Q2 2013	15,777	$1,372	$9.35	$8.27 - $10.50
Q1 2013	14,820	$1,498	$10.15	$9.16 - $11.48