-Michael Saylor has lost control of MicroStrategy This morning, MicroStrategy's market value surpassed £1,000 billion and a new round of borrowing to acquire bitcoins is announced almost daily, but many fans have not noticed any significant changes within the company.

For years, bitcoiners believed that CEO Michael Saylor had voting control of the company. Now he has lost that control. For most of the corporation's history, the two-share structure has separated share ownership and voting rights. As of December 21, Saylor, as utive chairman of the Board of Directors, held 51.7% of the voting power of MicroStrategy's outstanding common stock. In particular, the overwhelming control of Class B common stock, which has a 10:1 ratio advantage over Class A shares, retained control even when stockholders' equity was reduced by a certain percentage. ASDAQ defined #MicroStrategy as a "controlled company" because a single person directed corporate governance and made decisions unilaterally - for example, shifting the company's focus from software to #bitcoin purchases. NASDAQ's corporate governance rules do not require controlled companies to have an independent board of directors, an independent compensation and nominating committee, or independent nominations. MicroStrategy also did not require independent directors to determine the amount of compensation to be paid to the company. However, because MicroStrategy has issued so many stocks and bonds to buy bitcoin, including the increase in today's round, Sailor's vote management rating has fallen less than 50%. Even though Class B shares have a 10:1 advantage over Class A shares, the company has issued so many Class A shares that they now outnumber Class B shares in terms of votes. About a week ago, Carl was informed about MicroStrategy J. It has established a new nominating committee for microstrategy's board of directors, chaired by Rickertsen, and approved a new nominating committee charter.

Judging from some of MSTR's documents, it seems that after recent problems, seafarers no longer have the right to vote.

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