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

ChainCatcher news, according to Bitcoin News, MicroStrategy announced that it will hold a special shareholder meeting to vote on key proposals aimed at accelerating the 21/21 plan, simplifying the financing process, and aligning director compensation with the company's Bitcoin-centric strategy. The main proposals include:

1. Increasing the authorized Class A shares from 330 million to 10.33 billion to support future financing;
2. Increasing the 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.

Previous news, MicroStrategy proposed the "21/21 plan," which aims to conduct $21 billion in equity financing and $21 billion in bond issuance over the next three years, using the additional capital to purchase more BTC as a financial reserve asset to achieve higher BTC returns.