On January 17th, it was reported that Michael Saylor of MicroStrategy Inc. may soon have almost the same number of outstanding common stocks as market giants Amazon and Alphabet Inc. to fund the company's large-scale purchase of Bitcoin. Analysts predict that MicroStrategy will easily pass a proposal initiated by the company to authorize an increase in the number of Class A common stocks from 330 million to 10.3 billion during a shareholder vote on January 21st. Saylor controls about 47% of the voting rights. This could make MicroStrategy's outstanding common stocks exceed all companies in the Nasdaq 100 Index except for Nvidia, Apple, Alphabet, and Amazon. Shareholders of the company are also expected to pass an amendment on January 21st to authorize an increase in the number of preferred stocks from 5 million to 1 billion. According to the proxy statement, MicroStrategy plans to use the increased number of A-class stocks for private transactions to provide funding for market sales of equity offerings and settlement of convertible bond redemptions or conversions.