MICROSTRATEGY INC

Ticker: MSTR CUSIP: 594972408 Class: EQTY

Police & Firemen's Retirement System of New Jersey's Holding History (CIK: 0002040686)

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

Q4 2025

Shares 40,798 Value ($000) $6,199 Avg Close $230.22 Range $151.42 - $365.21

Q3 2025

Shares 42,611 Value ($000) $13,730 Avg Close $371.01 Range $292.36 - $457.22

Q2 2025

Shares 37,932 Value ($000) $15,333 Avg Close $364.26 Range $235.93 - $430.35

Q1 2025

Shares 33,628 Value ($000) $9,694 Avg Close $317.51 Range $231.51 - $404.42

Q4 2024

Shares 23,942 Value ($000) $6,934 Avg Close $300.91 Range $157.02 - $543.00

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	40,798	$6,199	$230.22	$151.42 - $365.21
Q3 2025	42,611	$13,730	$371.01	$292.36 - $457.22
Q2 2025	37,932	$15,333	$364.26	$235.93 - $430.35
Q1 2025	33,628	$9,694	$317.51	$231.51 - $404.42
Q4 2024	23,942	$6,934	$300.91	$157.02 - $543.00