FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person * BEDELL JEFFREY A   2. Issuer Name and Ticker or Trading Symbol MICROSTRATEGY INC [MSTR] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner __X__ Officer (give title below) _____ Other (specify below) EVP, Technology and CTO (Last) (First) (Middle) 1850 TOWERS CRESCENT PLAZA 3. Date of Earliest Transaction (Month/Day/Year) 12/10/2010 (Street) VIENNA, VA 22182 4. If Amendment, Date Original Filed(Month/Day/Year) 6. Individual or Joint/Group Filing(Check Applicable Line) _X_ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person (City) (State) (Zip) Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Class A Common Stock 12/10/2010   M   12,500 A $ 24.8 20,696 D   Class A Common Stock 12/10/2010   S   200 D $ 88.485 20,496 (1) D   Class A Common Stock 12/10/2010   S   200 D $ 88.49 20,296 D   Class A Common Stock 12/10/2010   S   100 D $ 88.5 20,196 D   Class A Common Stock 12/10/2010   S   500 D $ 88.51 19,696 D   Class A Common Stock 12/10/2010   S   200 D $ 88.52 19,496 D   Class A Common Stock 12/10/2010   S   200 D $ 88.57 19,296 D   Class A Common Stock 12/10/2010   S   100 D $ 88.585 19,196 D   Class A Common Stock 12/10/2010   S   100 D $ 88.59 19,096 D   Class A Common Stock 12/10/2010   S   404 D $ 88.64 18,692 D   Class A Common Stock 12/10/2010   S   200 D $ 88.68 18,492 D   Class A Common Stock 12/10/2010   S   100 D $ 88.695 18,392 D   Class A Common Stock 12/10/2010   S   400 D $ 88.71 17,992 D   Class A Common Stock 12/10/2010   S   36 D $ 88.72 17,956 D   Class A Common Stock 12/10/2010   S   104 D $ 88.8027 17,852 D   Class A Common Stock 12/10/2010   S   100 D $ 88.86 17,752 D   Class A Common Stock 12/10/2010   S   296 D $ 88.87 17,456 D   Class A Common Stock 12/10/2010   S   100 D $ 88.925 17,356 D   Class A Common Stock 12/10/2010   S   200 D $ 88.96 17,156 D   Class A Common Stock 12/10/2010   S   200 D $ 88.97 16,956 D   Class A Common Stock 12/10/2010   S   10 D $ 88.98 16,946 D   Class A Common Stock 12/10/2010   S   100 D $ 89.02 16,846 D   Class A Common Stock 12/10/2010   S   200 D $ 89.03 16,646 D   Class A Common Stock 12/10/2010   S   101 D $ 89.0406 16,545 D   Class A Common Stock 12/10/2010   S   100 D $ 89.085 16,445 D   Class A Common Stock 12/10/2010   S   100 D $ 89.1 16,345 D   Class A Common Stock 12/10/2010   S   108 D $ 89.11 16,237 D   Class A Common Stock 12/10/2010   S   700 D $ 89.13 15,537 D   Class A Common Stock 12/10/2010   S   200 D $ 89.14 15,337 D   Class A Common Stock 12/10/2010   S   100 D $ 89.141 15,237 D

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 3)

2. Conversion or Exercise Price of Derivative Security

3. Transaction Date (Month/Day/Year)

3A. Deemed Execution Date, if any (Month/Day/Year)

4. Transaction Code (Instr. 8)

5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5)

6. Date Exercisable and Expiration Date (Month/Day/Year)

7. Title and Amount of Underlying Securities (Instr. 3 and 4)

8. Price of Derivative Security (Instr. 5)

9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)

10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)

11. Nature of Indirect Beneficial Ownership (Instr. 4)

Code

V

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Employee Stock Option (right to buy)

$ 24.8

12/10/2010

M

12,500

(2)

04/18/2011

Class A Common Stock

12,500

$ 0

0 (3)

D

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
BEDELL JEFFREY A 1850 TOWERS CRESCENT PLAZA VIENNA, VA 22182			EVP, Technology and CTO

Signatures

/s/ Jeffery A. Bedell		12/14/2010
**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	Separate open market sale transactions that were executed on 12/10/2010 at the same price have been reported on an aggregate basis on a single line in Table I. The order in which sale transactions are set forth in Table I is not necessarily reflective of the sequence in which the sale transactions occurred in fact.
(2)	Of the 12,500 shares exercised on 12/10/2010 pursuant to this stock option, 6,250 shares vested on 04/18/2004 and 6,250 shares vested on 04/18/2005.
(3)	See Exhibit A.
Remarks: This is the first Form 4 of two Form 4 filings made by the reporting person to report transactions that occurred on December 10, 2010.

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