MicroStrategy, known for its significant Bitcoin investments, is seeking shareholder approval to increase its Class A common shares by $10 billion and preferred shares by $1 billion. The company aims to raise this capital for further Bitcoin acquisitions, reinforcing its strategy of investing in the cryptocurrency. Stockholders will soon vote on these proposals, which, if approved, would provide additional resources for expanding MicroStrategy's Bitcoin holdings.
Source: www.theblockcrypto.com ↗
