π$MSTR just filed a preliminary notice with the SEC for a shareholder vote On the agenda includes:
- Increase authorized shares of common stock from 330 million to 10.33 billion
- Increase authorized preferred shares from 5 million to 1.005 billion
By increasing quantity of common stocks, this increase supply and today $MicroStrategy(MSTR)$ stocks declined by 6,6%. Following this, The company had acquired more 5,262 BTC for ~$561 million at ~$106,662 per Bitcoin and now hold 444,262 $BTC acquired for ~$27.7 billion at ~$62,257 per bitcoin. π
What did Saylor thinking of ?
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