MicroStrategy's shareholders have voted to significantly increase the number of authorized Class A common shares to facilitate further Bitcoin purchases. The increase is from 330 million shares to 10.3 billion shares, part of the company's strategy to finance a wave of new Bitcoin acquisitions, following an earlier commitment to raise $46 billion for investment in Bitcoin. As of January 2025, the company holds 461,000 Bitcoin, valued at over $49 billion. MicroStrategy's founder, Michael Saylor, emphasizes the potential for Bitcoin to yield better returns and combat inflation, likening it to 'digital gold.' This move is reflective of the company’s aggressive investment strategy in cryptocurrencies, which has resulted in a substantial rise in its stock value since it first invested in Bitcoin in 2020.

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