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 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.