The $MSTR (-1,37 %) shareholders have approved the Board's plan to increase the number of their outstanding shares by a factor of 30 in order to finance additional purchases. $BTC (-0,79 %) finance additional purchases.
This decision will allow the company to raise more capital through the sale of new shares and thus further expand its Bitcoin holdings.
The question now arises: is Michael Saylor a genius or has he become a megalomaniac?