AMENDED AND RESTATED TREASURY RESERVE POLICY

Publish Date: 15-02-2021

Publish Frequency:

Source: MicroStrategy

Author(s):

Type: Report

Synopsis: This Amended and Restated Treasury Reserve Policy (this “Policy”) sets out certain roles, responsibilities, and practices for managing all Treasury Reserve Assets. For purposes of this Policy, “Treasury Reserve Assets” means, at any given time: • That portion of the Cash Assets (as defined below) held by MicroStrategy Incorporated (“MicroStrategy”) and its subsidiaries (MicroStrategy, together with its subsidiaries, the “Company”) that exceeds the Working Capital Threshold (as defined below), if any, plus • any bitcoin (“BTC”) held by the Company

Public Link: https://www.microstrategy.com/content/dam/website-assets/collateral/bitcoin-downloads/MicroStrategy-Treasury-Reserve-Policy.pdf

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Orgs: MicroStrategy

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