Bitcoin (BTC) price is not experiencing the most promising market conditions of late, as sentiments remain bearish. The negative outlook is a product of bad macro and unfavorable on-chain metrics. The...
Tag: MicroStrategy
Microstrategy Co-founder in legal trouble over tax evasion
Join Our Telegram channel to stay up to date on breaking news coverage Microstrategy co-founder Michael Saylor has been accused of evading tax, amounting to $25 million. In a filing by the Attorney Ge...
MicroStrategy, Saylor Respond To Tax Fraud Lawsuit
Michael Saylor’s company MicroStrategy called the lawsuit against its former CEO “false” and claimed it would fight back aggressively. Tax Evasion Lawsuit The business analytics company has also been...
MicroStrategy’s Michael Saylor Sued for Alleged Tax Fraud in Washington, D.C.
By Vicky Ge Huang and Richard Rubin Aug. 31, 2022 6:17 pm ET Listen to article (2 minutes) The District of Columbia attorney general sued Michael Saylor, the founder and chairman of software intellige...
After Michael Saylor Lawsuit, What’s Up With Microstrategy Stock?
Following a lawsuit on Microstrategy’s Michael Saylor, a section of crypto community perceived it as an attack on the industry. The former Microstrategy chief executive officer was charged for evading...
MicroStrategy, Michael Saylor Sued for Tax Fraud by DC Attorney General
Washington, DC, Attorney General Karl Racine today announced that he is filing civil charges against cloud computing software company MicroStrategy and its founder Michael Saylor over alleged tax frau...
DC Attorney General Sues Billionaire Michael Saylor and Microstrategy Over Alleged Tax Fraud — Seeks $100 Million – Taxes Bitcoin News
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 “allegin...
MicroStrategy Stock Plunge 7.26% After Bitcoin Maxi CEO Michael Saylor Accused of Tax Evasion
– Advertisement – The stock of MicroStrategy plummeted after its founder Michael Saylor was accused of tax evasion. According to data from Google Finance, MicroStrategy stock (MSTR) is do...
MicroStrategy Chair Sued For Tax Evasion
Crypto billionaire and MicroStrategy chair Michael Saylor is being sued by the DC attorney general on charges of tax evasion. Washington Or Florida – Where Does Saylor Live? District of Columb...
Michael Saylor & MicroStrategy Face Lawsuit for Alleged Tax Fraud in District of Columbia
A DC attorney has brought a tax fraud case against MicroStrategy and its co-founder, which could amount to several million dollars. District of Columbia Attorney General Karl Racine is accusing MicroS...
District of Columbia Sue Michael Saylor and MicroStrategy for Tax Evasions
Michael Saylor, Co-founder and executive chairman of MicroStrategy is again under the limelight. Saylor is accused of skipping out on paying more than 25 Million USD by the District of Columbia (D.C)....
DC Attorney General Sues Michael Saylor and MicroStrategy for Tax Fraud
The attorney general of the District of Columbia (DC), Karl Racine, accused Michael Saylor of failing in his tax obligations while living in DC while also alleging that his company, business intellige...
Michael Saylor and MicroStrategy to be Sued for Tax Fraud
Michael Saylor, the founder and Chairman of businesses intelligence and software development firm MicroStrategy Incorporated, is about to get sued in Washington DC for tax evasion fraud. Karl Racine, ...
Suit: Michael Saylor, MicroStrategy Owe $100M+ of Damages From Back DC Taxes
The District’s attorney general is trying to recover taxes on what the offices alleges could amount to more than $100 million of income from Saylor Saylor stepped down as CEO of MicroStrategy, the lar...
Michael Saylor, MicroStrategy getting sued for tax fraud in Washington
Washington DC Attorney General Karl Racine has revealed that the district is suing Michael Saylor and his company MicroStrategy for tax fraud. NEW: Today, we’re suing Michael Saylor – a billionaire te...
District of Columbia Suing MicroStrategy Founder Michael Saylor for Tax Fraud
“Concerned about MicroStrategy’s involvement in Defendant Saylor’s fraudulent scheme to avoid District taxes, in or about 2014, MicroStrategy’s then-Chief Financial Officer undertook a count of ...
Michael Saylor and MicroStrategy Sued for Tax Fraud
Key Takeaways The District of Columbia is suing Michael Saylor and MicroStrategy for alleged tax fraud. D.C. Attorney General Karl Racine announced the suit on Twitter today, accusing Saylor of avoidi...
MicroStrategy CEO and BTC Fan Saylor Steps Down
Michael Saylor – bitcoin bull and the CEO of software giant MicroStrategy – has announced that he is leaving his post as the chief executive of the firm that has ultimately made institutional investin...
Bitcoin Will Beat Gold As Store Of Value, MicroStrategy CEO Says
Bitcoin always has big names behind its back, and – why not? According to MicroStrategy founder Michael Saylor, the emergence of Bitcoin as an investment could herald the end of gold as an asset class...
MicroStrategy has outperformed 97% of S&P 500 stocks since adopting BTC strategy in 2020
The value of MicroStrategy (NASDAQ: MSTR) stock has outperformed most asset classes since the company adopted its Bitcoin (BTC) strategy in August 2020. The returns have emerged despite the firm’s rev...
MicroStrategy Takes A $917 Million Impairment Loss On Its Bitcoin Stash As Crypto Prices Tumble ⋆ ZyCrypto
Advertisement     MicroStrategy, the largest bitcoin holding-publicly-traded company in the world, took a non-cash digital asset impairment charge in the third quarter...
MicroStrategy Stocks Soared 15% After Michael Saylor Stepped Down as CEO
The former Chief Executive Officer of MicroStrategy – Michael Saylor – abdicated from his post and took another role at the firm. He will serve as an Executive Chairman of the Board, particularly focu...
MicroStrategy stock hits 3-month high –
MicroStrategy’s stock is up over 140% Bitcoin holding has cost MicroStrategy $917.84 million dollars MicroStrategy’s revenue fell 2.6% year-over-year The meeting found in MicroStrategy’s portion cost ...
Why Bitcoin Evangelist Michael Saylor Stepping Down As MicroStrategy CEO Could Be A Boon For BTC ⋆ ZyCrypto
Advertisement     Michael Saylor, one of the most prominent bitcoin advocates, will be relinquishing his CEO role to a deputy. As Saylor moves into the executive chair...
MicroStrategy holds the course on bitcoin strategy despite change in leadership
Michael Saylor is stepping down as CEO of MicroStrategy on August 8, but the firm says its outlook on bitcoin will not change — despite huge losses related to digital assets in the second quarter. The...
Michael Saylor breaks the silence on dropping MicroStrategy CEO role
After the news of Michael Saylor stepping down from his role as MicroStrategy’s CEO to be replaced by the company’s President and CFO Phong Le, shook the cryptocurrency sector, the man himself has giv...
MicroStrategy Reports $917M Bitcoin Impairment Charge as Saylor Steps Aside
MicroStrategy took a non-cash digital impairment charge of $917.8 million in the second quarter of 2022, according to its Q2 2022 earnings call on Tuesday. An impairment charge describes a drastic red...
Michael Saylor to step down as MicroStrategy CEO, shift to executive chairman role
Michael Saylor is set to step down as CEO of MicroStrategy and assume a new role as executive chairman, the company’s earnings report revealed Tuesday. The firm, which holds more than 129,699 BT...
Bitcoin Fanatic Michael Saylor Steps Down as MicroStrategy CEO
Cloud software company MicroStrategy today announced that Michael Saylor, a Bitcoin advocate who has served as the company’s chief executive officer since 1989, will step down as CEO and transit...
MicroStrategy CEO Michael Saylor Steps Down as Phong Le Takes Over
While Saylor’s role will now be in the background, MicroStrategy will now be led by Phong Le who has been named the new CEO. American business intelligence, software, and cloud services provider Micr...
Microstrategy Outperforms Every Asset Class and Big Tech Stock Since Adopting Bitcoin Strategy, Says CEO – Featured Bitcoin News
Microstrategy (MSTR) has “outperformed every asset class and big tech stock” since the company adopted a bitcoin strategy and started accumulating the cryptocurrency in its corporate treasury, says CE...