MicroStrategy is back at it, folks! 🎉 The software giant is calling a special shareholder meeting to expand its equity-issuance plan and snag more Bitcoin. They're looking to boost their Class A common stock from 330 million to a whopping 10.33 billion shares. Why? To fuel their ambitious 21/21 Plan, aiming to buy $42 billion worth of Bitcoin over three years.
In December alone, they gobbled up 42,162 BTC, worth over $4 billion. With a BTC yield of 17.8%, they're on a roll! MicroStrategy's stock has skyrocketed 422% this year, thanks to their crypto craze. Stay tuned for their next earnings report on Feb. 2, 2025!