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MicroStrategy will hold an extraordinary shareholders' meeting to vote on key proposals such as the Accelerated 21/21 Program

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2024-12-24 01:16:31
MicroStrategy has announced that it will convene an Extraordinary General Meeting to vote on key proposals aimed at accelerating the 21/21 program, streamlining the funding process, and aligning director compensation with the company's Bitcoin-centric strategy. Key proposals include: increasing authorized Class A shares from 330 million to 10.33 billion shares to support future funding; increasing authorized preference shares from 5 million to 1.005 billion shares to expand funding options; and amending the 2023 Equity Incentive Plan to provide automatic equity awards for new directors joining the board.
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