Loading...
Market
MicroStrategy stock price reaction post-shareholder vote
2
Resolution / Starting Odds
Increases by more than 5% • 25%
Decreases by more than 5% • 25%
Remains within 5% of current price • 25%
Volatility exceeds 10% swing • 25%
Stock market data from financial platforms like Bloomberg or Yahoo Finance
Story
MicroStrategy Plans Special Shareholder Vote to Increase Authorized Shares from 330M to 10.33B for $42B Bitcoin Strategy
Dec 24, 2024, 01:17 AM
MicroStrategy has announced plans to hold a special meeting for shareholders to vote on key proposals aimed at enhancing its Bitcoin investment strategy. The proposals include increasing the authorized Class A shares from 330 million to 10.33 billion and expanding the preferred shares from 5 million to 1.005 billion. This move is designed to facilitate capital raising and align director compensation with the company's focus on Bitcoin. The meeting is part of MicroStrategy's ongoing efforts to bolster its $42 billion Bitcoin investment plan, which is central to its operational strategy as a Bitcoin Treasury Company.
View original story
Similar markets
Increase by more than 10% • 25%
Decrease by more than 10% • 25%
Change within +/- 10% • 25%
No significant change • 25%
Approved • 33%
Rejected • 33%
Postponed • 34%
Yes • 50%
No • 50%
Approved • 25%
Rejected • 25%
Modified and Approved • 25%
No Decision • 25%
Increases by more than 10% • 25%
Increases by 0-10% • 25%
Decreases by 0-10% • 25%
Decreases by more than 10% • 25%
Increase by more than 10% • 25%
Increase by 0% to 10% • 25%
Decrease by 0% to 10% • 25%
Decrease by more than 10% • 25%
Yes • 50%
No • 50%
Increase • 25%
Decrease • 25%
No significant change • 25%
Other • 25%
Greater than -$1.00 • 25%
Between -$1.00 and -$1.50 • 25%
Between -$1.51 and -$2.00 • 25%
Less than -$2.00 • 25%
Below $200 • 25%
$200 to $300 • 25%
$301 to $400 • 25%
Above $400 • 25%
