Microstrategy to Issue Additional Shares to Fund Bitcoin Purchase

Microstrategy to Issue Additional Shares to Fund Bitcoin PurchaseMicrostrategy plans to use unique shares expansion model to raise more funds for the acquisition of bitcoin. Michael Saylor Still Wants More Bitcoin Microstrategy intends to expand its authorized class A common stock from 330 million shares to 10.30 billion shares to facilitate the company’s extensive bitcoin acquisitions, according to Bloomberg. The plan is expected […]

Source: https://news.bitcoin.com/microstrategy-to-issue-additional-shares-to-fund-bitcoin-purchase/

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