In an exciting development, the Microstrategy shareholders have approved an increase in the number of authorized shares, paving the way for the company to expand its Bitcoin holdings further.

Notably, Last October, MicroStrategy announced its “21/21 plan,” aiming to raise $21 billion in equity and $21 billion in fixed-income securities to support its Bitcoin treasury strategy. As of January 20, about $5.42 billion in shares remain available for sale, part of the company’s goal to raise $42 billion for Bitcoin acquisitions.

On Tuesday, shareholders voted in favor of both increasing the number of authorized Class A common stock and preferred stock.

Earlier today, MicroStrategy increased its bitcoin holdings for the eleventh consecutive week, purchasing 11,000 BTC for $1.1 billion. Its Total bitcoin holdings are now at 461,000 tokens.

Earn more PRC tokens by sharing this post. Copy and paste the URL below and share to friends, when they click and visit Parrot Coin website you earn: https://parrotcoin.net0

PRC Comment Policy

Your comments MUST BE constructive with vivid and clear suggestion relating to the post.

Your comments MUST NOT be less than 5 words.

Do NOT in any way copy/duplicate or transmit another members comment and paste to earn. Members who indulge themselves copying and duplicating comments, their earnings would be wiped out totally as a warning and Account deactivated if the user continue the act.

Parrot Coin does not pay for exclamatory comments Such as hahaha, nice one, wow, congrats, lmao, lol, etc are strictly forbidden and disallowed. Kindly adhere to this rule.

Constructive REPLY to comments is allowed