BlockBeats news, on December 26th, according to Bloomberg, Bitcoin prices rose on Thursday after digital asset hoarder MicroStrategy announced plans to spin off and issue more stocks, which will allow it to purchase more Bitcoin. MicroStrategy announced that it will issue more stocks next year to purchase more Bitcoin, which has driven up prices, "said Sean McNulty, head of trading at liquidity provider Arbelos Markets. The market is full of expectations for MicroStrategy's purchase of Bitcoin, which is one of the biggest reasons driving the market up. Monitoring MicroStrategy's news has become an important part of my daily work According to a document submitted to the US Securities and Exchange Commission (SEC) on December 23, MicroStrategy is seeking approval to increase the authorized number of Class A common and preferred shares. This measure will provide greater financial support for the company, which has transformed from a software manufacturer to an accumulator of Bitcoin.