MicroStrategy May Soon Compete With Amazon, Alphabet in Common Shares

MicroStrategy Inc.’s Michael Saylor may soon have nearly as much common stock at its disposal to help fund the company’s Bitcoin acquisitions as market giants Amazon.com Inc. and Alphabet Inc. has outstanding.

Analysts expect MicroStrategy to easily win a corporate sponsorship proposal to increase the number of authorized Class A shares to 10.3 billion from 330 million when shareholders vote on January 21. Saylor, co-founder and chairman of the dot-com-era software maker that was leveraged Bitcoin proxy, controls about 47% of the voting power.