MicroStrategy seeks 10.3 billion share authorization to fund US$2 billion Bitcoin purchase

MicroStrategy has announced plans to seek shareholder approval for a dramatic increase in authorized shares — from 330 million to 10.3 billion — to support a US$2 billion Bitcoin acquisition through preferred stock offerings.

The vote is scheduled for January 21, with executive chairman Michael Saylor — who holds 47% of voting power — signaling potential upcoming purchases. On X, Saylor posted “Things will be different tomorrow” alongside the company’s portfolio tracker.

MicroStrategy currently holds 450,000 Bitcoin valued at approximately US$46 billion on today’s Bitcoin value of around US$102,000. 

The proposed share expansion would give the company more outstanding shares than tech giants NVIDIA, Apple, Alphabet, and Amazon.

The company has pledged to raise US$42 billion over three years for Bitcoin purchases. With US$6.5 billion remaining in current equity offerings, this share authorization could prove crucial for continuing its cryptocurrency strategy.

If approved, this expansion would enable MicroStrategy to maintain its aggressive Bitcoin acquisition plan through preferred stock offerings — marking one of the largest corporate cryptocurrency investments to date.

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