<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/ownership" xmlns:ns2="http://www.sec.gov/edgar/common">
    <headerData>
        <submissionType>144</submissionType>
        <filerInfo>
            <filer>
                <filerCredentials>
                    <cik>0001333062</cik>
                    <ccc>XXXXXXXX</ccc>
                </filerCredentials>
            </filer>
            <liveTestFlag>LIVE</liveTestFlag>



        </filerInfo>
    </headerData>
    <formData>
        <issuerInfo>
            <issuerCik>0001050446</issuerCik>
            <issuerName>MICROSTRATEGY INCORPORATED</issuerName>
            <secFileNumber>000-24435</secFileNumber>
            <issuerAddress>
                <ns2:street1>1850 Towers Crescent Plaza</ns2:street1>
                <ns2:city>Tysons Corner</ns2:city>
                <ns2:stateOrCountry>VA</ns2:stateOrCountry>
                <ns2:zipCode>22182</ns2:zipCode>
            </issuerAddress>
            <issuerContactPhone>(703) 848-8600</issuerContactPhone>
            <nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>LESLIE JOSEPH RECHAN</nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>
            <relationshipsToIssuer>
                <relationshipToIssuer>Director</relationshipToIssuer>
            </relationshipsToIssuer>
        </issuerInfo>
        <securitiesInformation>
            <securitiesClassTitle>Common</securitiesClassTitle>
            <brokerOrMarketmakerDetails>
                <name>Morgan Stanley Smith Barney LLC Executive Financial Services</name>
                <address>
                    <ns2:street1>1 New York Plaza</ns2:street1>
                    <ns2:street2>8th Floor</ns2:street2>
                    <ns2:city>New York</ns2:city>
                    <ns2:stateOrCountry>NY</ns2:stateOrCountry>
                    <ns2:zipCode>10004</ns2:zipCode>
                </address>
            </brokerOrMarketmakerDetails>
            <noOfUnitsSold>20000</noOfUnitsSold>
            <aggregateMarketValue>6507600.00</aggregateMarketValue>
            <noOfUnitsOutstanding>202643980</noOfUnitsOutstanding>
            <approxSaleDate>11/11/2024</approxSaleDate>
            <securitiesExchangeName>NASDAQ</securitiesExchangeName>
        </securitiesInformation>
        <securitiesToBeSold>
            <securitiesClassTitle>Common</securitiesClassTitle>
            <acquiredDate>11/11/2024</acquiredDate>
            <natureOfAcquisitionTransaction>Stock Option Exercise</natureOfAcquisitionTransaction>
            <nameOfPersonfromWhomAcquired>Issuer</nameOfPersonfromWhomAcquired>
            <isGiftTransaction>N</isGiftTransaction>
            <amountOfSecuritiesAcquired>20000</amountOfSecuritiesAcquired>
            <paymentDate>11/11/2024</paymentDate>
            <natureOfPayment>Cash</natureOfPayment>
        </securitiesToBeSold>
        <nothingToReportFlagOnSecuritiesSoldInPast3Months>N</nothingToReportFlagOnSecuritiesSoldInPast3Months>
        <securitiesSoldInPast3Months>
            <sellerDetails>
                <name>LESLIE JOSEPH RECHAN</name>
                <address>
                    <ns2:street1>1850 Towers Crescent Plaza</ns2:street1>
                    <ns2:city>Tysons Corner</ns2:city>
                    <ns2:stateOrCountry>VA</ns2:stateOrCountry>
                    <ns2:zipCode>22182</ns2:zipCode>
                </address>
            </sellerDetails>
            <securitiesClassTitle>Common</securitiesClassTitle>
            <saleDate>11/11/2024</saleDate>
            <amountOfSecuritiesSold>20000</amountOfSecuritiesSold>
            <grossProceeds>6507600.00</grossProceeds>
        </securitiesSoldInPast3Months>
        <securitiesSoldInPast3Months>
            <sellerDetails>
                <name>LESLIE JOSEPH RECHAN</name>
                <address>
                    <ns2:street1>1850 Towers Crescent Plaza</ns2:street1>
                    <ns2:city>Tysons Corner</ns2:city>
                    <ns2:stateOrCountry>VA</ns2:stateOrCountry>
                    <ns2:zipCode>22182</ns2:zipCode>
                </address>
            </sellerDetails>
            <securitiesClassTitle>Common</securitiesClassTitle>
            <saleDate>11/07/2024</saleDate>
            <amountOfSecuritiesSold>20000</amountOfSecuritiesSold>
            <grossProceeds>5507484.00</grossProceeds>
        </securitiesSoldInPast3Months>
        <remarks>Sales that were executed on November 11, 2024 are being reported on this Form 144 filed on November 12, 2024 given the EDGAR system was not accepting filings November 11, 2024 in observance of the federal holiday. </remarks>
        <noticeSignature>
            <noticeDate>11/12/2024</noticeDate>
            <planAdoptionDates/>
            <signature>/s/ Leslie Joseph Rechan</signature>
        </noticeSignature>
    </formData>
</edgarSubmission>
[{"type": "144", "sequence": "1", "filename": "primary_doc.xml", "secsgml_size_bytes": 4906}]
144
0001333062
XXXXXXXX
LIVE
0001050446
MICROSTRATEGY INCORPORATED
000-24435
1850 Towers Crescent Plaza
Tysons Corner
VA
22182
(703) 848-8600
LESLIE JOSEPH RECHAN
Director
Common
Morgan Stanley Smith Barney LLC Executive Financial Services
1 New York Plaza
8th Floor
New York
NY
10004
20000
6507600.00
202643980
11/11/2024
NASDAQ
Common
11/11/2024
Stock Option Exercise
Issuer
N
20000
11/11/2024
Cash
N
LESLIE JOSEPH RECHAN
1850 Towers Crescent Plaza
Tysons Corner
VA
22182
Common
11/11/2024
20000
6507600.00
LESLIE JOSEPH RECHAN
1850 Towers Crescent Plaza
Tysons Corner
VA
22182
Common
11/07/2024
20000
5507484.00
Sales that were executed on November 11, 2024 are being reported on this Form 144 filed on November 12, 2024 given the EDGAR system was not accepting filings November 11, 2024 in observance of the federal holiday.
11/12/2024
/s/ Leslie Joseph Rechan