MicroStrategy (MSTR) shareholders have just approved a major move to increase the company’s share count. The move is aimed at raising funds to expand their Bitcoin (BTC) investment.
According to a Bloomberg report, the company plans to increase the number of class A shares from 330 million to 10.3 billion, and preferred shares from 5 million to 1 billion. Interestingly, about 56% of shareholders support the plan.
It is estimated that this step can generate funds of up to US$42 billion that can support the 21/21 Plan, where the funds will be used to buy Bitcoin for the next 2 years.
It is known that the move was announced after MicroStrategy purchased 11,000 BTC worth US$1.1 billion or equivalent to almost Rp. 18 trillion.
Thus, their total holdings reach 461,000 BTC with a value of almost US$49 billion.
"The main objective of this step is to strengthen the company's financial condition while increasing Bitcoin ownership. However, the implementation of the fundraising plan still depends on market conditions and the company's final decision," said MicroStrategy.
#CryptoSurge2025 #TrumpMarketWatch #MelaniaTrumpLaunchesToken #Crypto #MarketTrends
