MicroStrategy Bitcoin Investment Support gained fresh momentum this week after shareholders approved a sweeping expansion of the company’s authorized shares, enabling a deeper push into Bitcoin acquisitions. The resolution, passed with 56% backing, raises the total number of authorized MSTR shares from 330 million to 10.3 billion.
The decision, confirmed on Tuesday, also increases the company’s preferred stock authorization from 5 million to 1 billion. This move positions MicroStrategy’s outstanding shares to potentially rival tech giants like Nvidia, Apple, Alphabet, and Amazon in volume. The expansion supports the firm’s long-term “21/21 plan,” announced last October, which seeks to generate $42 billion through equity and debt financing to fuel Bitcoin purchases.
“As MicroStrategy doubles down on its Bitcoin-first strategy, shareholder approval signals confidence in digital assets as a legitimate treasury reserve,” said a market strategist at a New York-based investment firm. “Despite stock volatility, the company’s commitment appears unwavering.”
Earlier today, MicroStrategy confirmed its eleventh consecutive week of Bitcoin purchases, acquiring 11,000 BTC for $1.1 billion. This brings its total holdings to 461,000 BTC, valued at over $47 billion—representing more than 2% of Bitcoin’s total supply. The company’s aggressive accumulation strategy comes amid expectations of a more favorable U.S. regulatory environment following President Donald Trump’s election, though no crypto-specific executive orders have yet been signed.
Still, market reactions were mixed. MicroStrategy’s stock fell 7.25% on Tuesday, reflecting short-term investor caution, though shares remain up 28% year-to-date. Bitcoin itself has posted a 9.5% gain in the same period.
The approval of additional share issuance underscores the scale of MicroStrategy’s ambitions. By creating a structure capable of raising tens of billions in capital, the company is cementing its identity as a de facto Bitcoin holding vehicle. For crypto markets, this reinforces institutional demand narratives while amplifying concerns about concentration of supply.
Whether the strategy pays off hinges on Bitcoin’s long-term performance—and on MicroStrategy’s ability to sustain shareholder confidence in its unprecedented bet on digital assets.
