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MicroStrategy has announced that it will convene an Extraordinary General Meeting to vote on key proposals aimed at accelerating the 21/21 program, streamlining the funding process, and aligning director compensation with the company's Bitcoin-centric strategy. Key proposals include: increasing authorized Class A shares from 330 million to 10.33 billion shares to support future funding; increasing authorized preference shares from 5 million to 1.005 billion shares to expand funding options; and ...
MicroStrategy co-founder Michael Saylor presented a proposal to include bitcoin on the balance sheet at Microsoft's virtual shareholder meeting, but was rejected by shareholders. The proposal requires the board to evaluate whether it is in the long-term interests of shareholders to include bitcoin on the balance sheet. Speaking on behalf of shareholder activist group FEP (Free Enterprise Project), Saylor predicted that the market value of bitcoin will increase from $2 trillion to more than $200 ...
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