Why Michael Saylor And MicroStrategy Are The Biggest Risk To Bitcoin
Bitcoin price is in a precarious position, on the ropes after a nasty selloff and on the cusp of losing support. All while this happens, MicroStrategy CEO Michael Saylor continues to buy BTC, adding to the corporation’s already sizable position. While there are plenty of market participants that cheer the corporate crypto bull on each […]
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The attorney general of the District of Columbia has sued Microstrategy’s co-founder and executive chairman, Michael Saylor, for tax fraud. The lawsuit also names Microstrategy as a defendant “alleging that it conspired to help him evade taxes he legally owes.” Both Saylor and Microstrategy denied the allegations. The attorney general is seeking more than $100 million in unpaid taxes and penalties.
District of Columbia Sues Billionaire Michael Saylor and Microstrategy
The Office of the Attorney General (OAG) of the District of Columbia announced Wednesday....
Michael Saylor is vacating his position as MicroStrategy’s chief executive to become Executive Chairman, focusing on the company’s bitcoin strategy, according to a statement posted by MicroStrategy, Tuesday afternoon. Since MicroStategy’s founding in 1989, Saylor has served as the company’s CEO. In 1998, the cloud software company went public. Phong Le, the firm’s current president and former chief […]
Michael Saylor said that in addition to 115,109 BTC, MicroStrategy could pledge ‘some other collateral’ if needed.
An exclusive interview with MicroStrategy CEO Michael Saylor.
The D.C. AG alleges that Saylor and MicroStrategy conspired to commit tax evasion by fraudulently representing Saylor’s primary residence from 2005 to present.