MicroStrategy will hold a special shareholder meeting to vote on key proposals such as accelerating the 21/21 plan

PANews reported on December 24 that according to Bitcoin News, MicroStrategy announced that it will hold a special shareholder meeting to discuss key proposals aimed at accelerating the 21/21 plan, simplifying the financing process, and aligning director compensation with the company’s Bitcoin-centric strategy. Take a vote. Key proposals include:

1. Increase authorized Class A shares from 330 million shares to 10.33 billion shares to support future financings;
2. Increase authorized preferred shares from 5 million shares to 1.005 billion shares to expand financing options;
3. Modify the 2023 Equity Incentive Plan to provide automatic equity awards to new directors joining the Board of Directors.

According to previous news , MicroStrategy proposed the "21/21 Plan", which plans to conduct US$21 billion in equity financing and US$21 billion in bond issuance in the next three years, using additional capital to purchase more BTC as financial reserve assets in order to achieve higher BTC income.