MicroStrategy plans to increase authorized shares from 330 million to 10.33 billion as part of its $42 billion 21/21 Plan.
The plan aims to raise $21 billion in equity and $21 billion through fixed-income instruments, potentially advancing MicroStrategy's role as a Bitcoin Treasury Company.
The proposed amendments also seek to expand preferred stock from 5 million to 1.005 billion, strengthening MicroStrategy's capacity for future initiatives.
Shareholders will vote on the proposed measures, which could alter ownership structures and dilute existing stakes.