#ChristmasMarketAnalysis
#Write&Earn
MicroStrategy Announces Special Meeting of Shareholders
to vote on key proposals to accelerate Plan 21/21 (purchase of $42 billion in Bitcoin), streamline capital raising, and align executive compensation with the company's Bitcoin-focused strategy.
Key proposals include:
1. Increase the number of authorized Class A shares from 330 million to 10.33 billion to support future capital raising.
2. Increase the number of authorized preferred shares from 5 million to 1.005 billion to expand financing options.
3. Amend the 2023 Stock Incentive Plan to provide automatic stock awards to new directors joining the Board.
Source X @ BitcoinMagazine