MicroStrategy Incorporated announced key updates following its 2025 Special Meeting of Stockholders on January 21, 2025. Stockholders approved significant amendments, including an increase in the authorized shares of Class A Common Stock from 330 million to 10.33 billion and an expansion of authorized Preferred Stock from 5 million to 1.005 billion shares. The changes, effective January 22, 2025, were implemented through an amendment to the company's Second Restated Certificate of Incorporation.

Additionally, stockholders approved amendments to the 2023 Equity Incentive Plan, introducing automatic equity grants valued at $2 million to newly appointed non-employee directors, split between stock options and restricted stock units vesting over four years.

All proposals, including contingency measures to adjourn the meeting if necessary, were approved with a strong majority vote, reflecting broad shareholder support for the company’s strategic initiatives.