Chaitanya Jain

Hello, everyone, and good evening. I'm C.J, Head of Investor Relations at Strategy. It's an honor to kick off Strategy's First quarter 2026 earnings webinar. I'll be your moderator today. We will start the call with a 60-minute presentation, starting with Andrew Kang, followed by Phong Le and then Michael Saylor. This will be followed by a 30-minute interactive Q&A session with 4 Wall Street equity analysts and 4 Bitcoin analysts.

Before we proceed, I will read the safe harbor statement. Some of the information we provide in the presentation regarding our future expectations, plans and prospects may constitute forward-looking statements. Actual results may differ materially from these forward-looking statements due to various important factors, including fluctuations in price of Bitcoin and the risk factors discussed under the caption, Risk Factors in Strategy's annual report on Form 10-K filed with the SEC on February 19, 2026, and the risks described in other filings that Strategy may make with the SEC. We assume no obligation to update these forward-looking statements, which speak only as of today.

With that, I will turn the call over to Andrew Kang, the CFO of Strategy.

Andrew Kang
Executive VP & CFO

Thank you, C.J. First off, I'd like to officially welcome C.J. joining to his new role as Strategy's Head of Investor Relations. I also want to take a moment to thank Shirish Jajodia, our Corporate Treasurer, for helping establish and lead our IR function for the last