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Crypto Mission
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🚨 MICROSTRATEGY PLANS TO MASSIVELY INCREASE ITS BITCOIN PURCHASE CAPACITY 🔶 What was announced? ➡️ MicroStrategy has filed a request with the SEC to increase limits on two types of shares: • Class A Shares (common stock, each carrying 1 vote at shareholder meetings): Increase from 330 million to 10.33 billion shares. • Preferred Shares (shares with special privileges, such as priority in dividends or additional voting power): Increase from 5 million to over 1 billion shares. 🔶 What is the "21/21" plan? ➡️ The largest corporate Bitcoin acquisition plan in history: • Over the next 3 years, MicroStrategy aims to raise $42 billion. • $21 billion will come from stock issuance. • Another $21 billion will be sourced from debt instruments (e.g., convertible bonds). • SEC filings reveal that MicroStrategy has already leveraged favorable market conditions to raise significant funds for BTC purchases. • The filings also note that the company is "progressing faster than initially planned.
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