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MicroStrategy share boost approved for Bitcoin purchases
MicroStrategy share boost approved for bitcoin purchases - report
Shareholders of MicroStrategy (MSTR) gave the company the go-ahead to boost its number of authorized class A common shares by 30-fold to finance purchases of bitcoin.
MicroStrategy Share Expansion Approved To Fuel Aggressive Bitcoin Purchases
MicroStrategy shareholders approved an increase in Class A common shares. Authorized preferred stock shares will also rise. The proposals passed with 56% approval, bolstered by
MicroStrategy Shareholders Clear the Way for Even More Bitcoin Buys
MicroStrategy—which almost exclusively focuses on securitizing Bitcoin—last year announced a “21/21 Plan” to raise $46 billion to buy even more Bitcoin. The plan would see the firm raise $21 billion via equity, with another $21 billion coming by selling fixed income securities.
6h
Coinbase vs. MicroStrategy: Why Coinbase Thrives Beyond Bitcoin's Price
On the other hand, Coinbase is less affected by Bitcoin price fluctuations. As long as trading volumes remain high, whether ...
1h
on MSN
Buy Bitcoin, stock price goes up 80%: Rumble follows 'MicroStrategy' strategy
Rumble Inc. (RUM), a video-sharing platform, revealed that it had purchased its first Bitcoin (BTC) just ahead of Donald ...
6d
MicroStrategy's Trillion Dollar Bitcoin Bet Is Not What It Seems (Upgrade)
Financial writer highlights MicroStrategy Incorporated's potential buying opportunity and outperformance compared to Bitcoin.
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