PANews reported on December 24, according to Bitcoin News, that MicroStrategy announced it will hold a special shareholders meeting to vote on key proposals aimed at accelerating the 21/21 plan, simplifying the financing process, and aligning director compensation with the company's Bitcoin-centric strategy. Key proposals include:

  1. Increase the authorized Class A shares from 330 million to 10.33 billion shares to support future financing;

  2. Increase the authorized preferred shares from 5 million to 1.005 billion shares to expand financing options;

  3. Amend the 2023 equity incentive plan to provide automatic equity awards for new directors joining the board.

Previously, MicroStrategy proposed the '21/21 Plan' intending to conduct $21 billion in equity financing and $21 billion in bond issuance over the next three years, using the additional capital to purchase more BTC as a financial reserve asset to achieve higher BTC returns.

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