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D.C. sues bitcoin whale Michael Saylor for tax fraud
MicroStrategy Inc. founder Michael Saylor was sued in August by the city of Washington, D.C., which alleges that he defrauded the nation’s capital of more than $25 million in income
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Bitcoin whale Michael Saylor accused of tax fraud
D.C. sues MicroStrategy exec chair, alleges $25M+ tax avoidance scheme
Published
Tysons-based MicroStrategy Inc. Executive Chairman Michael Saylor is being sued by the city of Washington, D.C., which accuses Saylor of engaging in a fraudulent scheme to deprive the city of
MicroStrategy CEO Michael Saylor to step down, become exec chair
Move comes as company reports $1.9B bitcoin loss
Published
Amid mounting losses from its multibillion-dollar bitcoin investments, MicroStrategy Inc. CEO and founder Michael Saylor is stepping down from his current role and will take on the position of executive
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MicroStrategy buys $414M more bitcoin in Q4
Tysons software company holds about $69B in the cryptocurrency
Published
MicroStrategy Inc. bought $414.4 million worth of bitcoin — about 7,002 units — from Oct. 1 to Nov. 29, the Tysons-based business software company reported to the U.S. Securities and
MicroStrategy bought $420M more bitcoin in Q3
Tysons software company now holds $7.5B in bitcoin
Published
MicroStrategy Inc. purchased nearly 9,000 additional bitcoins in the third quarter for almost $420 million, according to a quarterly report the Tysons-based business software company filed with the U.S. Securities
MicroStrategy buys $1B+ in bitcoin
Tysons-based software company now has $4.5B in bitcoin holdings
Published
Tysons-based business software company MicroStrategy Inc. announced Wednesday that it has purchased $1.026 billion of additional bitcoin, its largest single bitcoin purchase since it began acquiring the cryptocurrency last August.
MicroStrategy ups the ante on bitcoin investment
Tysons company increases latest announced bitcoin buy to $900M
Published
Tysons-based business software company MicroStrategy Inc. is going all in on its bitcoin strategy: The company announced Wednesday it would raise $900 million from a convertible senior notes offering set
Va. bank is first to allow customers to buy, redeem bitcoin at ATMs
Blue Ridge Bankshares opens ATMs with cryptocurrency access
Published
With cryptocurrency use on the rise, customers of Charlottesville-based Blue Ridge Bankshares Inc., the parent holding company of Blue Ridge Bank, will now be able to purchase and redeem bitcoin at
MicroStrategy stock jumps 29% after Tesla bitcoin purchase
Tysons software company's bitcoin holdings now worth $3B
Published
Following Tesla’s announcement that it had purchased $1.5 billion in bitcoin, Tysons-based business software company MicroStrategy Inc. — which has converted hundreds of millions in holdings to bitcoin now worth
MicroStrategy raises $650M to be invested in bitcoin
Company announced debt offering last week
Published
Tysons-based business software company MicroStrategy Inc. announced Friday it closed a convertible debt offering by raising $650 million, which it plans to use to increase its bitcoin holdings. MicroStrategy estimates