Microstrategy to Issue Additional Shares to Fund Bitcoin Purchase
Submitted by Anonymous (not verified) on Sat, 01/18/2025 - 06:40
Microstrategy plans to use unique shares expansion model to raise more funds for the acquisition of bitcoin. Michael Saylor Still Wants More Bitcoin Microstrategy intends to expand its authorized class A common stock from 330 million shares to 10.30 billion shares to facilitate the company’s extensive bitcoin acquisitions, according to Bloomberg. The plan is expected […]