MicroStrategy Proposes Billions in Share Increase to Fuel Bitcoin Strategy

MicroStrategy Proposes Billions in Share Increase to Fuel Bitcoin Strategy

The software firm MicroStrategy, which is well-known for its audacious Bitcoin investments, has revealed a plan to significantly expand the number of its Class A ordinary and preferred stock shares. This will allow the company to continue implementing its ambitious Bitcoin acquisition strategy. The company wants to raise Class A ordinary shares from 330 million to 10.33 billion and preferred shares from 5 million to 1.005 billion, per a ...

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