- MicroStrategy’s approval of a 30x share increase aligns with its strategy to fund aggressive Bitcoin acquisitions, reinforcing its leadership as the largest corporate Bitcoin holder.
- Michael Saylor’s Bitcoin-focused vision continues to redefine MicroStrategy’s identity, setting a bold example for corporate adoption of cryptocurrency.
At the beginning of 2025, MicroStrategy has continued its successful Bitcoin accumulation strategy, as revealed by CNF, crossing the 450,000 Bitcoin mark with an additional 2,530 BTC acquired. Following this milestone, MicroStrategy shareholders have approved a significant share expansion to further boost its Bitcoin reserves.
Shareholders voted to increase the number of authorized Class A common shares by 30 times, raising the total from 330 million to 10.3 billion, as reported by Bloomberg.
The enterprise software company turned leveraged Bitcoin proxy will increase its authorized Class A shares from 330 million to 10.3 billion as Chairman and co-founder Michael Saylor aims to increase the firm’s Bitcoin holdings. The vote was approved Tuesday, according to a recording of the shareholder meeting.
This move aligns with Chairman and co-founder Michael Saylor’s vision of leveraging share issuance to fund further Bitcoin acquisitions. The proposal received 55.8% approval during a recent shareholder meeting. Currently, MicroStrategy’s stock is trading at $396.82, reflecting a minor uptick following the announcement.
Aggressive Bitcoin Accumulation Continues
In line with its Bitcoin-focused strategy, MicroStrategy recently added 11,000 BTC to its reserves, spending $1.1 billion. This brings its total holdings to 461,000 BTC, accounting for over 2% of Bitcoin’s circulating supply, solidifying its position as the largest corporate Bitcoin holder.
MicroStrategy has consistently purchased Bitcoin for seven consecutive weeks, demonstrating its commitment despite market volatility. To finance these acquisitions, the company relies on convertible notes and share dilution, ensuring long-term sustainability of its aggressive Bitcoin agenda.
Michael Saylor’s Vision for Bitcoin Reserves
Under Michael Saylor’s leadership, MicroStrategy has transformed from a software company into a major Bitcoin investor. Saylor, a staunch advocate of Bitcoin, has even proposed replacing US gold reserves with BTC, arguing its potential to address the national debt crisis.
In another January’s news, CNF also reported that MicroStrategy plans to raise $2 billion by issuing perpetual preferred stock, further expanding its Bitcoin-focused investment strategy. While critics like Peter Schiff question this approach, Saylor remains confident in Bitcoin’s role as a cornerstone of MicroStrategy’s growth and influence in the cryptocurrency space.
By doubling down on Bitcoin, MicroStrategy is redefining its corporate identity and setting a bold precedent for other companies considering similar moves. Currently, Bitcoin (BTC) is trading at $105,127.22, with a 3.23% increase in the past day and an 8.05% rise over the past week. See BTC price chart below.
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Source: https://www.crypto-news-flash.com/microstrategy-shareholders-approve-10-3b-share-expansion-to-boost-bitcoin-reserves/?utm_source=rss&utm_medium=rss&utm_campaign=microstrategy-shareholders-approve-10-3b-share-expansion-to-boost-bitcoin-reserves