{"id":9007,"date":"2025-01-22T06:33:25","date_gmt":"2025-01-22T06:33:25","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=9007"},"modified":"2025-01-22T06:33:25","modified_gmt":"2025-01-22T06:33:25","slug":"michael-saylors-proposal-to-increase-microstratagys-share-count-approved-by-shareholders-more-bitcoin-purchases-on-the-cards","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=9007","title":{"rendered":"Michael Saylor&#8217;s Proposal To Increase MicroStratagy&#8217;s Share Count Approved By Shareholders \u2014 More Bitcoin Purchases On The Cards?"},"content":{"rendered":"<div>\n<p><strong>MicroStrategy Inc.<\/strong> (NASDAQ:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/MSTR#NASDAQ\">MSTR<\/a>) shareholders on Tuesday approved a proposal to increase the company\u2019s authorized Class A shares by 30 times to support future <strong>Bitcoin <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) acquisitions.<\/p>\n<p><strong>What happened<\/strong>: About 56% of votes were cast in favor of increasing the shares from the current 330 million to 10.33 billion, Bloomberg <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-01-21\/microstrategy-share-increase-approved-to-fund-bitcoin-purchases\">reported<\/a>, citing the meeting&#8217;s recording.\u00a0<\/p>\n<p>Investors also approved the proposal to increase the number of authorized shares of preferred stock from 5 million to 1.005 billion, reflecting a 201x increase. <a href=\"https:\/\/www.benzinga.com\/money\/how-to-buy-preferred-stock#:~:text=Preferred%20stocks%20usually%20offer%20fixed%20dividends%20and%20rank%20higher%20than,health%20of%20the%20issuing%20company.\">Preferred stocks<\/a> usually offer fixed dividends and rank higher than common &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/25\/01\/43119637\/michael-saylors-proposal-to-increase-microstratagys-share-count-approved-by-shareholders-m\" alt=\"Michael\" saylor proposal to increase microstratagy share count approved by shareholders more bitcoin purchases on the cards>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>MicroStrategy Inc. (NASDAQ:MSTR) shareholders on Tuesday approved a proposal to increase the company\u2019s authorized Class A shares by 30 times to support future Bitcoin (CRYPTO: BTC) acquisitions. What happened: About 56% of votes were cast in favor of increasing the shares from the current 330 million to 10.33 billion, Bloomberg reported, citing the meeting&#8217;s recording.\u00a0 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-9007","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/9007","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=9007"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/9007\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=9007"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=9007"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=9007"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}