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MicroStrategy Shareholders Approve Increase in Shares to Fund Bitcoin Purchases

BloombergJan 21, 2025

MicroStrategy Inc. shareholders have approved a significant increase in the number of authorized Class A common shares, raising it from 330 million to 10.3 billion. This move is intended to finance the company's ongoing Bitcoin acquisition strategy. The decision was made during a shareholder meeting, with the aim of expanding the firm's Bitcoin holdings under the leadership of Chairman and co-founder Michael Saylor.

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MicroStrategy Shareholders Approve Increase in Shares to Fund Bitcoin Purchases

BloombergJan 21, 2025

MicroStrategy Inc. shareholders have approved a significant increase in the number of authorized Class A common shares, raising it from 330 million to 10.3 billion. This move is intended to finance the company's ongoing Bitcoin acquisition strategy. The decision was made during a shareholder meeting, with the aim of expanding the firm's Bitcoin holdings under the leadership of Chairman and co-founder Michael Saylor.

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