MicroStrategy shareholders approve stock issuance to continue advancing Bitcoin purchase plan

MicroStrategy shareholders approved two amendments to increase the authorized number of Class A common stock and preferred stock to support the company's plan to purchase more Bitcoin. Previously, the company announced a total of $42 billion "21/21 plan," which aims to issue $21 billion in stock and $21 billion in fixed income securities. As of January 20, the company still had approximately $5.42 billion in stock available for sale. (Theblock)