MicroStrategy Plans Buying Bitcoin Again
MicroStrategy called a special shareholders’ meeting on December 23 filing to buy more Bitcoin and expand its equity-issuance plan.
The company requested permission from the US Securities and Exchange Commission (SEC) to increase the authorized number of shares for both Class A common stock and preferred stock to give itself more flexibility to issue more shares as needed.
Broker | Review | Regulators | Min Deposit | Website | |
---|---|---|---|---|---|
🥇 | ![]() | Read Review | FCA, CySEC, ASIC, MAS, FSA, EFSA, DFSA, CFTC | USD 100 | Visit Broker |
🥈 | ![]() | Read Review | FSCA, FSC, ASIC, CySEC, DFSA | USD 5 | Visit Broker |
🥉 | ![]() | Read Review | CySEC, MISA, FSCA | USD 25 | Visit Broker |
4 | ![]() | Read Review | ASIC, BaFin, CMA, CySEC, DFSA, FCA, SCB | USD 200 | Visit Broker |
5 | ![]() | Read Review | ASIC, FCA, CySEC, SCB | USD 100 | Visit Broker |
6 | ![]() | Read Review | FCA, FSCA, FSC, CMA | USD 200 | Visit Broker |
7 | ![]() | Read Review | BVI FSC | USD 1 | Visit Broker |
8 | ![]() | Read Review | CBCS, CySEC, FCA, FSA, FSC, FSCA, CMA | USD 10 | Visit Broker |
9 | ![]() | Read Review | ASIC, CySEC, FSCA, CMA | USD 100 | Visit Broker |
10 | ![]() | Read Review | IFSC, FSCA, ASIC, CySEC | USD 1 | Visit Broker |
The American listed company’s Bitcoin strategy has been a major factor in the Nasdaq stock’s increase of over 422 percent this year. There was no public announcement of the special shareholder meeting date.
The First Amendment seeks to boost the authorized Class A common stock from 330 million units to 10.33 billion units while the Second Amendment aims to increase the authorized preferred stock from 5 million units to over 1 billion units
The company has been buying Bitcoin regularly since 2020, and since the plan was revealed, its purchases have increased. It purchased 42,162 Bitcoin this month alone, worth over $4 billion. MicroStrategy stated at the end of October that its Bitcoin yield was 17.8%, with plans to reach a yield of 6% to 10% annually between 2025 and 2027. It has reportedly raised $3 billion through convertible bond offerings and $13 billion through stock issuances. The document stated, “We have been carrying out our 21/21 Plan at a substantially faster pace than initially projected.”.
MicroStrategy is the biggest corporate owner of Bitcoin and has continued to purchase the cryptocurrency throughout the year. MicroStrategy owns an estimated $40 billion worth of bitcoins in total.

Sidebar rates
Related Posts
