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MicroStrategy Announces Shareholder Vote on Increasing Bitcoin Holdings

MicroStrategy plans to raise capital and align leadership with its Bitcoin strategy.
The company’s stock is down despite its large Bitcoin holdings.

MicroStrategy, a business intelligence company, revealed its plan to hold a special meeting with its shareholders to approve some proposals that seek to strengthen the company’s Bitcoin-centered approach under its proposed “21/21 plan.” The company is enhancing its financial freedom and synchronizing the directors’ remuneration as it concentrates on acquiring more Bitcoin and related endeavors.

#crypto #bitcoin #stock #microstrategy #investing