CoinWorld news, software company MicroStrategy is convening a special shareholder meeting to expand its equity issuance plan and purchase more Bitcoin (BTC). According to a proxy filing submitted to the U.S. Securities and Exchange Commission (SEC) on December 23, the company is seeking approval to increase the number of authorized Class A common stock and preferred stock, thus allowing for more flexibility in issuing additional shares as needed in the future. The first amendment proposal aims to increase the authorized Class A common stock from 330 million shares to 10.33 billion shares, while the second amendment proposal plans to increase the authorized preferred stock from 5 million shares to over 1 billion shares.