$BTC

MicroStrategy is doubling down again! The shareholders' meeting will decide the new layout for Bitcoin.

Brothers, MicroStrategy is about to 'stir things up' again! This software company, known for its crazy accumulation of coins, is preparing to hold a special shareholders' meeting aimed at further increasing its stock issuance to raise funds for buying more Bitcoin (BTC).

Core Highlights:

Increase in stock issuance: The company has submitted an application to the U.S. Securities and Exchange Commission to increase Class A common stock from 330 million shares to 10.33 billion shares, while increasing preferred stock from 5 million shares to over 1 billion shares.

21/21 Plan: This is their 'big weapon', aiming to buy an additional $42 billion worth of Bitcoin over the next three years! How will they do it? Simply put, they plan to raise $21 billion through stock sales and another $21 billion through fixed income securities.

Crazy accumulation of coins: In December alone, MicroStrategy purchased 42,162 BTC, spending over $4 billion! As of December 22, they have accumulated 444,262 BTC at an average purchase price of $62,257, totaling $43.53 billion.

Why so 'crazy'?

According to their report, this wave of operations is expected to achieve an annual return rate of 6%-10% from 2025 to 2027. Additionally, MicroStrategy's stock price has surged 422% this year, largely thanks to its Bitcoin strategy, proving they made the right bet.

Upcoming Focus Points:

Date of the special shareholders' meeting: Not announced yet, but this will determine whether they have more flexible stock issuance capabilities.

Next financial report: Scheduled for release on February 2, 2025, which may reveal more details about the Bitcoin strategy.

MicroStrategy is taking a 'full-on gamble' on the future of Bitcoin, what do you brothers think? Is it strategic foresight or a high-risk gamble?