Michael Saylor Loses Grip On MicroStrategy’s Voting Power

Michael Saylor, executive chairman of MicroStrategy, has lost majority voting control of the company after recent share issuances. The shift occurred as Class A shares now outnumber Class B shares in voting power, reducing Saylor’s influence. This development follows the company’s aggressive fundraising and bitcoin acquisition strategy, significantly altering its corporate governance. New... source: https://www.thecoinrepublic.com/2024/11/21/michael-saylor-loses-grip-on-microstrategys-voting-power/