This SharePoint Online tutorial explains how to solve error Error=Value=QuotaExceeded Tag=0x0121d3da which comes while uploading media files to SharePoint Online Office 365.
Recently while uploading a media files to SharePoint Online document library, I got an error which says: Error=Value=QuotaExceeded Tag=0x0121d3da, Message=Exception=Microsoft.SharePoint.SPException, Message=An unexpected error has occurred, Chained=(Value=214794216). The error message looks like below:

Error=Value=QuotaExceeded Tag=0x0121d3da SharePoint Online Office 365
The issue was coming because the site collection storage quota was almost over. To check the site collection storage quota, Login to SharePoint Online Admin center (https://<tenanatname>-admin.sharepoint.com/) and then click on Site Collections to view all the site collections.
There you can see the all the Site collections with storage used, storage limit, percentage used etc. For that particular SharePoint Online site collection, I can see the storage quota used was 99.90% which is almost over.

To resolve the issue we need to increase the SharePoint Online site collection storage quota.
Increase SharePoint Online Site Collection Storage Quota
Now we will see how can we increase SharePoint Online site collection storage quota.
Select the particular site collection in the SharePoint Online Admin Center (Site Collections section.) and then from the ribbon click on Storage Quota.

Then in the Set Storage Quota dialog box, increase the Storage Quota like below:

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Once Site collection storage quota increased, you will not see Error=Value=QuotaExceeded Tag=0x0121d3da, Message=Exception=Microsoft.SharePoint.SPException, Message=An unexpected error has occurred, Chained=(Value=214794216) error.
SharePoint Online users can able to upload documents to SharePoint Online document library. Hope this SharePoint Online tutorials explains how to solveError=Value=QuotaExceeded Tag=0x0121d3da
I am Bijay a Microsoft MVP (8 times –Â My MVP Profile) in SharePoint and have more than 15 years of expertise in SharePoint Online Office 365, SharePoint subscription edition, and SharePoint 2019/2016/2013. Currently working in my own venture TSInfo Technologies a SharePoint development, consulting, and training company. I also run the popular SharePoint website EnjoySharePoint.com