MicroStrategy announces the convening of a special shareholders' meeting to vote on important proposals such as accelerating the 21/21 plan (purchasing $42 billion in Bitcoin), simplifying capital mobilization, and adjusting employee compensation, in line with the company's Bitcoin-centric strategy.
Key proposals include:
1. Increasing the authorized number of Class A shares from 330 million to 10.33 billion to support future capital mobilization.
2. Increasing the authorized number of preferred shares from 5 million to 1.005 billion to expand financing options.
3. Modifying the 2023 Stock Incentive Plan to automatically grant stock awards to new members of the board.