Q1 2024 Earnings Presentation microstrategy

Q1 2024 Earnings Presentation microstrategy

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Business #MicroStrategy #FinancialResults #Investment #KPI #BitcoinStrategy

Q1 2024 Earnings Presentation microstrategy

@financepresentations1 week ago

Copyright © 2024 MicroStrategy Incorporated. All Rights Reserved.
August 1, 2024
Q2 2024 Financia…

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MicroStrategy Q2 2024 Earnings Call
Safe Harbor Statement
Some of the information we provide i…

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Copyright © 2024 MicroStrategy Incorporated. All Rights Reserved.
Business Results
Phong Le, Pres…

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Bitcoin Development Company
MicroStrategy’s unique value proposition
Cash Equity Debt
Bitcoin…

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Bitcoin Highlights
226,500
Bitcoin Holdings • Acquired 12,222 bitcoin since the end of Q1 2024…

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Impact of Intelligent Leverage
189,150
214,278
226,331
12/31/2023 3/31/2024 6/30/2024
Total…

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BTC Yield KPI Historical
Note: “BTC Yield” is a KPI (key performance indicator) that represents…

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BTC Yield KPI Long Term Target
8
1.8%
7.3%
12.2%
4-8% 4-8% 4-8%
2022 2023 2024 YTD 2025E 2…

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Software Highlights
• First to market with AI + BI platform integration
• Accelerated cloud tr…

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Copyright © 2024 MicroStrategy Incorporated. All Rights Reserved.
Financial Results
Andrew Kang,…

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$23.1
$16.8
$41.3
$17.7
$33.4
Q2 23 Q3 23 Q4 23 Q1 24 Q2 24
Non-GAAP Subscription Billing…

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($ in Millions) Q2/23 Q2/24
Software
Business
Corporate
& Other Consolidated Software Bu…

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Growth in Bitcoin Strategic Treasury Reserve
13.0 13.4 13.4 14.1 14.6 14.9 14.9 14.9 15.3 15.7…

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Bitcoin Holdings Market Value vs. Carrying Value
($ in Billions)
$1.8
$2.0 $2.3 $2.5
$3.6…

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Principal Instruments Maturity(1) Amount at
Issuance ($M)
Annual Interest
Rate (%)
Annualiz…

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$1,050M
$500M
$800M
$604M
$800M
2024 2025 2026 2027 2028 2029 2030 2031 2032
Princip…

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Copyright © 2024 MicroStrategy Incorporated. All Rights Reserved.
Strategy & Bitcoin
Michael Sayl…

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Bitcoin Conference 2024
Nashville, TN

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We are Still Early to Bitcoin
Total global asset value: $900T
Equities
$115T
Gold
$16T
Ar…

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MicroStrategy Outperformance Since Adoption of Bitcoin Strategy
Stock performance since August…

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MicroStrategy – Bitcoin Development Company
Unique value proposition versus Spot Bitcoin ETPs
…

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BTC Yield KPI Long Term Target
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1.8%
7.3%
12.2%
4-8% 4-8% 4-8%
2022 2023 2024 YTD 2025E…

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Copyright © 2024 MicroStrategy Incorporated. All Rights Reserved.
Appendix

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16,931 38,679
50,779
173,069
175,721
175,721
190,000
214,400
226,500
As of Febr…

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Q3 22 Q4 22 Q1 23 Q2 23 Q3 23 Q4 23 Q1 24 Q2 24
Current Deferred Subscription Services Revenue…

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Q3 22 Q4 22 Q1 23 Q2 23 Q3 23 Q4 23 Q1 24 Q2 24
Cost of Revenues $25.4 $26.7 $27.9 $27.1 $26.7…

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Q2 23 Q2 24
GAAP Expenses
Cost of Revenues $27.1 $30.9
Sales & Marketing $37.7 $34.3
Resear…

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6/30/2020 12/31/2020 12/31/2021 12/31/2022 12/31/2023 3/31/2024 6/30/2024 7/31/2024
Total Bitc…

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Important Information About BTC Yield KPI
BTC Yield is a key performance indicator (“KPI”) tha…

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Additional Information
MicroStrategy is not an exchange traded product (“ETP”) or an exchange-…

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Q1 2024 Earnings Presentation microstrategy

@financepresentations

This presentation covers MicroStrategy's Q2 2024 financial results, highlighting Bitcoin acquisition strategies, market positions, and key performance metrics. The session outlines financial expectations, cash management strategies, and the impacts of innovative software developments. With a focus on improving shareholder value through Bitcoin holdings, attendees will gain insights into future strategies and market positioning.

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#MicroStrategy #FinancialResults #Investment #KPI #BitcoinStrategy

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