MicroStrategy held a virtual shareholder meeting to discuss its 21/21 plan focused on Bitcoin. ๐
- First proposal: increase the number of Class A shares from 330 million to 10.33 billion. It's like stocking up on chips at a convenience store, ready to sell at any time!
- Second proposal: increase preferred shares from 5 million to 1.005 billion. More financing options for strategic initiatives, like adding toppings to a pizza.
- Third proposal: provide automatic stock awards to new directors. To make them more enthusiastic, in line with MicroStrategy's long-term Bitcoin strategy.
Since October 2024, MicroStrategy has raised over $2 billion to strengthen its Bitcoin position. They recently purchased 5,262 BTC worth $561 million, bringing the total to 444,262 BTC. Come on, who wants to join in the comments? ๐