a MicroStrategy Incorporated) Class A Common Stock, $0.001 par value per share (MSTR)

Filing Manager: SUSQUEHANNA SECURITIES, LLC
Reporting Manager: Capital Ventures International
Security: Strategy Inc (f/k/a MicroStrategy Incorporated) Class A Common Stock, $0.001 par value per share
Symbol: MSTR
Shares outstanding: 268,177,896 shares
Disclosed Ownership: 12,872,539 shares
Ownership: 4.8%
Form type: SCHEDULE 13G/A
Filing time: 13 Nov 2025, 17:45:04 UTC
Date of event: 30 Sep 2025
Previous filing: 14 Aug 2025
SEC: View on sec.gov

Reporting Managers (6)

Name	Ownership	Shares Owned	sole voting power	shared voting power	Signature	Title
Capital Ventures International	4.8%	12,872,539	2,705,914	12,872,539	/s/ Brian Sopinsky	Brian Sopinsky, Assistant Secretary of Susquehanna Advisors Group, Inc.
Susquehanna Advisors Group, Inc.	4.8%	12,872,539	0	12,872,539	/s/ Brian Sopinsky	Brian Sopinsky, Assistant Secretary
G1 Execution Services, LLC	4.8%	12,872,539	248	12,872,539	/s/ Brian Sopinsky	Brian Sopinsky, Secretary
SIG Brokerage, LP	4.8%	12,872,539	15,601	12,872,539	/s/ Brian Sopinsky	Brian Sopinsky, Assistant Secretary
Susquehanna Investment Group	4.8%	12,872,539	49,000	12,872,539	/s/ Brian Sopinsky	Brian Sopinsky, General Counsel
Susquehanna Securities, LLC	4.8%	12,872,539	10,101,776	12,872,539	/s/ Brian Sopinsky	Brian Sopinsky, Secretary