The board of directors of Nasdaq-listed business intelligence firm MicroStrategy announced a 1-for-10 stock split of the company's Class A and B shares.

On July 11, MicroStrategy stated that the stock split was aimed at increasing accessibility for its investors and employees. The stock split will be accomplished as a stock dividend, giving holders of Class A and B shares nine additional shares for every share they own.

The shares are expected to be distributed after the close of trading on August 7, 2024. Meanwhile, trading on the split share will begin on August 8, 2024.

Despite the split, shareholders' voting rights will not be affected.

This is a developing story and more information will be added as it becomes available. What do you think about this? We are waiting your comments.#MicroStrategy#Nasdaq #Blockchain