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Bitcoin Billionaire Saylor Will Settle D.C. Tax Suit For $40 Million

Michael Saylor on stage during a bitcoin conference on May 19, 2023 in Miami Beach, Florida.Photo by Jason Koerner/Getty Images for Bitcoin Magazine The Attorney General for the District of Columbia, Brian L. Schwalb, has announced a settlement with billionaire Michael Saylor and MicroStrategy, Inc., the company he founded and ran as CEO until August 2022, when he moved into the chairman's role. As part of the settlement, Saylor and MicroStrategy will pay $40 million to resolve a lawsuit allegin...

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