MicroStrategy shareholders approve increased share authorization to boost Bitcoin purchase plan

PANews reported on January 21 that according to The Block, MicroStrategy shareholders voted to approve two amendments to increase the number of Class A common stock and preferred stock authorized by the company to support its plans to purchase more Bitcoin.

Last October, MicroStrategy announced the "21/21 Plan", which plans to issue a total of $21 billion in stocks and fixed-income securities for Bitcoin reserves. As of January 20, 2025, approximately $5.42 billion of shares under the plan are still available for sale, with the goal of raising a total of $42 billion for Bitcoin purchases.

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Author: PA一线

This content is for informational purposes only and does not constitute investment advice.

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