JUST IN: MicroStrategy announces a Special Meeting for shareholders to vote on key proposals designed to accelerate the 21/21 Plan, streamline capital raising, and align director compensation with the company’s Bitcoin-focused strategy.
Key proposals include:
1. Increasing authorized Class A shares from 330 million to 10.33 billion to support future capital raising.
2. Increasing authorized preferred shares from 5 million to 1.005 billion to expand financing options.
3. Amending the 2023 Equity Incentive Plan to provide automatic equity awards for new directors joining the Board.