Michael Saylor's Proposal To Increase MicroStratagy's Share Count Approved By Shareholders — More Bitcoin Purchases On The Cards?
MicroStrategy Inc. (NASDAQ:MSTR) shareholders on Tuesday approved a proposal to increase the company’s authorized Class A shares by 30 times to support future Bitcoin (CRYPTO: BTC) acquisitions.
MicroStrategy Shareholders Clear the Way for Even More Bitcoin Buys
MicroStrategy—which almost exclusively focuses on securitizing Bitcoin—last year announced a “21/21 Plan” to raise $46 billion to buy even more Bitcoin. The plan would see the firm raise $21 billion via equity, with another $21 billion coming by selling fixed income securities.
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5 ETFs Betting Big on Michael Saylor’s Bold Bitcoin StrategyMichael Saylor's Bitcoin strategy has attracted plenty of fanfare. Basically, MicroStrategy (NASDAAQ:MSTR) borrows money to ...
MicroStrategy, the business intelligence company that’s the world’s largest corporate bitcoin holder, has added to its ...
MicroStrategy added to its bitcoin stash for the 11th week in a row, as the company's investors get ready to vote on ...
While MicroStrategy's legacy software operations remain intact, its financial core has shifted decisively toward Bitcoin.
MicroStrategy has added another $1.1 billion worth of Bitcoin to its corporate treasury according to a Tuesday SEC filing.
Financial writer highlights MicroStrategy Incorporated's potential buying opportunity and outperformance compared to Bitcoin.
MicroStrategy's bold play is sparking a ripple effect. Canadian video-sharing platform Rumble just made its first Bitcoin ...
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