After Michael Saylor Lawsuit, What’s Up With Microstrategy Stock?

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Following a lawsuit on Microstrategy’s Michael Saylor, a section of crypto community perceived it as an attack on the industry. The Microstrategy chief executive officer was charged for evading income taxes while living in Washington DC. Karl Racine, attorney general for Washington DC, said Saylor legally owes taxes on hundreds of millions of dollars he earned. His company, Microstrategy, was also sued for conspiring to help Saylor evade taxes.

 

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Anvesh reports major developments around crypto adoption and price analysis. Having been associated with crypto since 2016, he is now a strong advocate of decentralized technologies. Follow Anvesh on Twitter at @AnveshReddyBTC and reach him out at [email protected]
The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
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