MicroStrategy, led by Michael Saylor, plans to increase its authorized shares from 330 million to 10.33 billion, aiming to raise capital to acquire more Bitcoin, potentially a significant portion of the global supply. The company already holds 439,000 Bitcoins, valued at over $42 billion, making it the largest corporate Bitcoin holder. This bold move reflects Saylor’s belief in Bitcoin’s value but poses risks like price volatility and regulatory scrutiny.
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