MicroStrategy will vote on 'stock issuance' on 1/21 to pave the way to raise $420 billion to buy BTC.

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According to Bloomberg, MicroStrategy, the dominant BTC Holdings in the US listed companies, is about to vote on a proposal on January 21. Once the proposal is passed, MicroStrategy will increase the authorized number of Class A common shares from 330 million to 10.3 billion, making it one of the companies with the largest number of common shares in the Nasdaq 100 Index, second only to Nvidia, Apple, Alphabet, and Amazon.

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