A $42 Billion Move from the World's Largest Bitcoin-Holding Company

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A $42 Billion Move from the World's Largest Bitcoin-Holding Company

MicroStrategy has taken a significant step to enhance its influence in the digital assets space by announcing a major $42 billion plan. The company aims to raise capital by proposing to increase its share count from 330 million to 10.33 billion. This change is designed to strengthen MicroStrategy's position as a Bitcoin Treasury Company and to manage its digital asset strategies more effectively.

The company aims to raise more capital to increase its Bitcoin investments.

MicroStrategy's Major Investment Plan As part of the plan, financing is expected to be secured through $21 billion in equity and $21 billion in fixed-income debt instruments. These two different sources of financing will allow the company to establish a strong position in the digital assets space.

Additionally, the plan to increase the number of preferred shares from 5 million to 1.005 billion seeks to attract more investors and strengthen the capital structure.

Furthermore, the company is taking steps to establish a competent board of directors capable of overseeing digital assets. This includes plans to grant stock awards to new board members.

These changes will align the company's governance structure with digital assets and respond to the needs of corporate governance.