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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.
4h
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 ...
Hosted on MSN
2d
MicroStrategy Could Soon Join Apple, Alphabet in Nasdaq’s Top Ranks
MicroStrategy is on the brink of dramatically increasing its authorized Class A shares from 330 million to 10.3 billion.
5d
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.
Investor's Business Daily on MSN
19h
Stock Market Today: Dow Jones Jumps 538 Points As Trump Stock Dives; Cathie Wood Loads Up On This AI Play (Live Coverage)
The Dow Jones rallied on the stock market today amid moves by President Donald Trump. Cathie Wood snapped up a rebounding AI ...
2d
on MSN
Where Will MicroStrategy Stock Be in 5 Years?
MicroStrategy (NASDAQ: MSTR), which went public in 1998, was once considered a slow-growth analytics software company. It was ...
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