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He holds BTC and ETH above CoinDesk's disclosure threshold of $1,000. Choose from more than 500 properties, ideal house rentals for families, groups and couples. Michael Saylor is the co-founder, chief executive officer and chairman of the board of MicroStrategy Incorporated Data is a real-time snapshot *Data is delayed at least 15 minutes. The discussion was nothing if not a lightning talk of Bitcoin praise. The Company was not responsible for his day-to-day affairs and did not oversee his individual tax responsibilities. As for the technological forces driving adoption, Saylor and Wood pointed to the growing number of platforms integrating the Lightning Network as improving bitcoins usefulness as a medium of exchange. The complaint was filed under seal but made public on Wednesday. Defense Siren SuperYachtFan Private Jet Saylor owns a Bombardier Global Express Private Jet with registration N3877. (Photo by Joe Raedle/Getty Images). MicroStrategy took out a $205 million loan in late March to finance another round of Bitcoin buying at a price of around $48,000 per coin. Saylor speaks at the 2021 Bitcoin Convention in, Amid Crypto Plunge, Longtime Bitcoin Bull Michael Saylor Falls From Billionaire Ranks, Michael Saylor Bet Billions on Bitcoin and Lost, Microstrategy Bought Bitcoin In 2Q As Tesla Was Selling; Saylor Steps Back. His fortune is largely tied up in MicroStrategy stock and Bitcoin, two assets that have tumbled during the recent market selloff. Schlafzimmer allesamt sauber und bieten genug Stauraum fr die Kleidung. MicroStrategy Founder Michael Saylor Loses Court Bid to Dismiss DC Tax Evasion Claims The court did dismiss claims against the company and Saylor that they conspired to violate D.C.'s False . Natrlich wre Schnee ein Highlight in dieser Lage mit der wunderbaren Aussicht. W hen Michael Saylor was a younger man, his good looks and cocky attitude drew comparisons to Tom Cruise.. And like Capt. Learn more about Consensus 2023, CoinDesks longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. In an Aug. 2 news release announcing the leadership change, MicroStrategy said that Saylor would also remain chairman of its board of directors. Saylor has been on the front lines of the controversy surrounding Elon Musk's criticism of bitcoin's energy usage. The Company was not responsible for his day-to-day affairs and did not oversee his individual tax responsibilities. Racines office said it independently investigated the tax fraud allegations and intervened in the whistleblower complaint, filing its own lawsuit against Saylor and MicroStrategy. The loan was backed by MicroStrategys Bitcoin holdings. Wiles, who is with the Southern District Bankruptcy Court in New York, said he was "absolutely shocked" at the SEC's objection, saying it was asking Voyager to prove a negative with little guidance from the regulator. D.C. Attorney General Karl Racine accused tech billionaire Michael Saylor of evading $25 million in district taxes in a lawsuit filed Wednesday. The company says it will use the proceeds to . Saylor said in a statement in August that he and his family live in Miami in a house he purchased a decade ago. Saylor founded MicroStrategy in 1998 and served as its CEO until earlier this month when the publicly traded company announced that he would take on a new role as its executive chairman. He is the executive chairman and a co-founder of MicroStrategy, a company that provides business intelligence, mobile software, and cloud-based services. The two tech investors shared an optimistic vision for the largest . Im Haus war alles vorhanden was man fr ein paar Tage bentigt und nicht separat besorgen mchte (Kaffee, Splmittel,etc.). Please use our search bar to access the selection of vacation rentals available. Like. 2023 CNBC LLC. Public Data Digger does not make any representation or warranty about the accuracy of the information available through our website or about the character or integrity of the person about whom you inquire. Here are ten fast facts about this multimillionaire you should know: 1. Get this delivered to your inbox, and more info about our products and services. How Ethereum's evolution impacts crypto markets. Speaking to a packed house of the bitcoin faithful, who gave the pair a standing ovation at their introduction, Saylor and Wood laid out several political and technological reasons for their optimism about the worlds biggest cryptocurrency by market value. Wir haben gekocht, Gesellschaftsspiele gespielt, sind trotz Regen wandern gewesen. His fortune is largely tied up in. After chief executive and large boat enthusiast Michael Saylor spent the weekend at the bitcoin conference in Miami not being a bro, the company announced Monday that it was, you guessed it,. Save this article by becoming a member today! Die FeWo liegt in einer ganz ruhigen Strae direkt am Wald . Get The 7 DMV newsletter in your inbox every weekday morning. Nor did the Company conspire with Mr. Saylor in the discharge of his personal tax responsibilities. If you didn't, may I introduce you Saylor's appearance at Bitcoin 2021 in Miami. New York partially banned cryptocurrency mining. He is a white, non hispanic male registered to vote in Miami-Dade County, Florida. Bitcoin, the worlds largest cryptocurrency, has fallen 38% since late March, when it traded at around $48,000; it has shed over $300 billion in market value since then. Washington, D.C., sued the analytics firm MicroStrategy and its former billionaire co-founder Michael Saylor on Wednesday, alleging Saylor and the company colluded to hide taxable income from the districtaccusations both MicroStrategy and Saylor denied. Saylor is the CEO of Microstrategy, which itself owns nearly 100,000 bitcoin. Welcome to the Cocaine Bear superstore. Shares of software company MicroStrategy, which Saylor cofounded in 1989, are down more than 61% in the last month, including nearly 30% in the last two days. Sehr nette und hilfsbereite Vermieter, Lage in der Nhe von Einkaufsmglichkeiten und der Altstadt sehr gut, ausgezeichnets Preis-Leistungs-Verhltnis und in der sehr gut gepflegten und sortierten Wohnung hat es an nichts gefehlt! What is the Role of Christianity in American Politics Today. 6630 Indian Creek Dr, Miami Beach, FL 33141. MIAMI, March 2, 2023 /PRNewswire/ . Still, the AG alleges, Saylor continued to benefit from "fringe benefits" with a "high cash value," such as use of the company plane. Washington, D.C., Attorney General Karl Racine said Saylor has resided in the nations capital for over a decade but has never paid any income taxes, claiming Saylor legally owes tax payments on hundreds of millions of dollars of income. Saylor Yacht Harle He is the owner of the yachts Harle and Usher. A judge has dismissed part of a major lawsuit by D.C.'s attorney general that sought tens of millions of dollars from a former tech CEO and bitcoin investor who officials allege failed to pay . Got a confidential news tip? He also said he believes the market cap ceiling on bitcoin is nearly limitless. When Keiser asked about recent uncertainty about environmental disruptions from Bitcoin mining, Saylor doubled down. Michael Saylor and Cathie Wood speak at Bitcoin 2022 in Miami. "I think bitcoin miners are under-appreciated," he said. Saylors net worth remains under $1 billion, according to Forbes estimates. Michael Saylor amassed a multibillion-dollar fortune, splurging to combine three Georgetown penthouses into a palatial 7,000-square-foot residence, snapping up a 154-foot yacht dubbed Mr.. He also owns a mansion in Miami, named Villa Vecchia. The latest moves in crypto markets, in context. Under his leadership, MicroStrategyspent close to $4 billionacquiring bitcoin at an average price of $30,700, and he has said he considers the company's stock a sort of bitcoin ETF. Michael Saylor's House. Sie knnen Ihre Einstellungen jederzeit ndern, indem Sie auf unseren Websites und Apps auf den Link Datenschutz-Dashboard klicken. Click Now to check the details! Wenn Sie Ihre Auswahl anpassen mchten, klicken Sie auf Datenschutzeinstellungen verwalten. Search By Address; Reverse Phone; Help; About; Michael Saylor, Miami Beach, FL 6630 Indian Creek Dr, Miami Beach, FL 33141 Tel: 703-714-7097 Email: m-saylor . By signing up, you will receive emails about CoinDesk product updates, events and marketing and you agree to our, Headlines: Top Stories of the Week 02-27-23, The Hole on the FTX Balance Sheet Remains Gaping, Bankman-Fried Should Have Only Flip Phone, Website Whitelist, DOJ Says, With Congress Impotent, Courts Are the Only Option for Fighting SEC Overreach, envisions bitcoin reaching $1 million by 2030. His big bet on Bitcoin might sink him once and for all BY Shawn Tully August 3, 2022, 12:50 PM PDT Saylor is stepping back. D.C. attorney general sues billionaire, alleging income tax evasion. "Jack Dorsey and Michael Saylor headlined the sold-out #Bitcoin 2021 Miami conference. Washington, D.C., is suing billionaire tech executive Michael Saylor and his former company MicroStrategy for alleged tax fraud. You come here and tell me that I should stop everybody in their tracks because you might have an issue, Wiles said, addressing counsel for the SEC. (Shortly after Saylor and Wood's talk, popular no-fee trading app Robinhood (HOOD) announced in Miami that it, too, was integrating with Lightning.). and understand all perspectives of today's news and issues. McLean, Virginia (VA), US. A Division of NBCUniversal. . Vrbo Canada has 76 Houses near Mhnesee Tower. The securities regulator said the $1.02 billion deal should be blocked because Voyagers token could constitute an unregistered security. Es war angenehm ruhig und u Ein Wohnobjekt, welches mit allem ausgestattet ist, was man bentigt. Amid Crypto Plunge, Longtime Bitcoin Bull Michael Saylor Falls From Billionaire Ranks (Forbes), Michael Saylor Bet Billions on Bitcoin and Lost (Wall Street Journal), Microstrategy Bought Bitcoin In 2Q As Tesla Was Selling; Saylor Steps Back (Forbes). "Although MicroStrategy is based in Virginia, Florida is where I live, vote and. The suit also names MicroStrategy, the data-tracking company Saylor co-founded, as a defendant, claiming the company conspired to help Saylor evade the taxes. Weitere Informationen ber die Verwendung Ihrer personenbezogenen Daten finden Sie in unserer Datenschutzerklrung und unserer Cookie-Richtlinie. MacKenzie Sigalos contributed to this story. MicroStrategy previously reported a $170.1 million impairment charge on its bitcoin holdings for the first quarter of 2022. "Although MicroStrategy is based in Virginia, Florida is where I live, vote, and have reported for jury duty, and it is at the center of my personal and family life, he wrote. Public Data Digger . But means of exchange and unit of account now have much a better opportunity for bitcoin to dominate long term.. The Securities and Exchange Commission has warned it could involve the unlawful sale of unregistered securities, and the Federal Trade Commission said it was probing Voyager for deceptive marketing, while Texas regulators said creditors werent properly warned of legal risks. MIAMI, FLORIDA - JUNE 04: MicroStrategy CEO Michael Saylor speaks at the Bitcoin 2021 Convention, a crypto-currency conference held at the Mana Convention Center in Wynwood on June 04, 2021 in Miami, Florida. The complaint alleges that Saylor purchased the Georgetown property in 2005 before buying two adjoining penthouse units, combining them into a single residence Saylor calls Trigate, and also purchased a penthouse unit in Adams Morgan. In der Wohnung ist alles vorhanden was man braucht. The value of Saylors personal Bitcoin holdings has also declined, although his investment is still doing well. The biggest crypto news and ideas of the day. We want to hear from you. Our other popular types of vacation rentals near Mhnesee Tower include: But you can also enjoy a great stay in one of our other vacation homes including Bungalows and more. Be a smarter, safer investor in eight weeks. A court ruling did not dismiss claims by the District of Columbia against Michael Saylor, the founder and CEO of MicroStrategy MSTR, , has lost his case to dismiss claims that he failed to pay personal income taxes, interest and penalties in the District of Columbia, according to a court filing on Feb. 28. The district suit follows a separate complaint filed by whistleblowers against Saylor in April 2021, accusing him of failing to pay income taxes from 2014 through 2020. Die Lage am See ist perfekt. Saylor, who was worth over $2 billion in 2020, lost his billionaire status in May as bitcoin and MicroStrategy shed value. Here is how much some of cryptos wealthiest billionaires have lost during the recent market sell-off. 4. . Shares of MicroStrategy were down more than 6% Wednesday afternoon on the news. It was no wonder then . Thats when people will wake up and realize, holy crap, this really is going to change the world., Read more: Robinhood Releases Crypto Wallet to 2M Users, Plans Integration With Bitcoin Lightning Network. MIAMI MicroStrategy (MSTR) CEO Michael Saylor and ARK CEO Cathie Wood gave a number of reasons for why they think bitcoin (BTC) will continue to gain adoption and increase in price in a chat . The cryptocurrency was trading around $29,700 as of 4pm eastern standard time. aims to slash credit card late fees to $8, Americans struggling to make car payments is highest since Great Recession, MicroStrategy CEO Michael Saylor loses case to dismiss claims that he failed to pay personal income taxes, Divided Coverage of Backlash to Hershey Women's Day Advertisement, Nikki Haley Pushes For 'New Generation' of GOP Leadership at CPAC. (Danny Nelson/CoinDesk). Store of value its always been there [for bitcoin]. Racines office said the lawsuit was brought under the citys recently expanded False Claims Act, which the D.C. Council last year amended to include tax-related issues, and incentivizes whistleblowers to identify tax fraud. This guy is so convinced in the ''power'' and ''value'' of bitcoin, that he is advocating his followers and. On the political front, Saylor, whose company owns roughly $6 billion worth of bitcoin, said President Joe Bidens recent executive order directing various federal agencies to coordinate their approach to regulating the sector amounted to the president of the United States giving a green light to bitcoin., If I scan the last 100 years of history [and ask] when was the last time the president of the United States directed the government to embrace a new asset class, the answer is never, Saylor said. Der Garten ist komplett eingefriedet, jedoch nicht sehr hoch (fal Es war super gemtlich in der Ferienwohnung und wir haben uns sehr wohlgefhlt. The home was built in 1928 by architect L.M. I respectfully disagree with the position of the District of Columbia, and look forward to a fair resolution in the courts.. Precinct . Saylor took to Twitter yesterday to assuage investors about a possible margin call, saying that MicroStrategy had ample collateral to post if necessary. Florida business records list Fleet Miami's parent company as Aeromar Management, a firm incorporated in Delaware in April 2007. Saylor said in the statement: "A decade ago, I bought an historic house in Miami Beach and moved my home there from Virginia. Precinct Group: 0 . Jack Dorsey and Michael Saylor were among the headliners at the star-studded Bitcoin 2021 Miami conference. But Im sure as the elections evolve, someone will raise that as an issue.. Either way, you'll find a rental for everyone's needs. It fixed government," he said. Although MicroStrategy is based in Virginia, Florida is where I. Wood agreed that there has been growing political support for bitcoin in the U.S. Youre seeing the politics around bitcoin changing radically because it has become the single issue that some people are voting on, and this is becoming bipartisan, said Wood, who envisions bitcoin reaching $1 million by 2030. Crypto investors are reeling from the recent market downturn, but few have lost more than Michael Saylor, the tech CEO whos staked his companys future on Bitcoin. 2. Michael Saylor and Cathie Wood, both major figures in the bitcoin industry, took to the main stage on the first general admission day for Bitcoin 2022 in Miami. This will be the missing link in terms of use case. MicroStrategys average purchase price for Bitcoin was $30,700 per token. Counsel for Voyager told the court that the deal could see creditors achieving 73% recovery, a revision upward thanks to the recently bullish crypto market. Nelson Wang is CoinDesk's news editor for the East Coast. . Tweet. Michael Saylor on Twitter: "Would you rather mortgage your house to buy #bitcoin or sell your bitcoin to pay off the mortgage on your house?" Michael Saylor @saylor Follow @saylor Would you rather mortgage your house to buy # bitcoin or sell your bitcoin to pay off the mortgage on your house? From 76 house rentals to 330 condo and apartment rentals, find unique vacation rental for you to enjoy a memorable stay with your family and friends for a long holiday or a weekend break is on Vrbo. Michael J. Saylor (born February 4, 1965) is an American entrepreneur and business executive. Close. View public records and voter registration of Michael Saylor born 1965, includes court and personal records. Thats very good were not hearing that kind of rhetoric here. Opening & closing timings, parking options, restaurants nearby or what to see on your visit to Michael Winkelmann? "There's no reason (bitcoin) can't . The CEOs of MicroStrategy and Ark Invest respectively, Saylor and Wood have long been seen as leaders in the traditional finance world's embrace of bitcoin. Saylor allegedly claimed to reside in Virginia or Florida, which have lower or no personal income tax rates, while actually living in several different homes around D.C., including a penthouse apartment in the Georgetown neighborhood or on his yacht on the Georgetown waterfront or Potomac River when the apartment was undergoing renovations, according to the lawsuit. U.S. Bankruptcy Court Judge Michael Wiles appeared heavily skeptical about an attempt by the Securities and Exchange Commission (SEC) to stop a purchase by Binance.US of assets of defunct crypto lender Voyager Digital at a Thursday court hearing. Probing the intersection of crypto and government. Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. Michael Saylor at Bitcoin 2021 Miami Joe Raedle/Getty Images MicroStrategy is offering $400 million of senior secured notes to institutional investors. Find Property for sale in Mhnesee, North Rhine-Westphalia. MicroStrategy is headquartered in Tysons Corner, Virginia, a Washington suburb. I cover breaking news with a focus on markets and sports business. Billionaire tech investors Cathie Wood and Michael Saylor explained why they believe that the future is bright for Bitcoin adoption. Pete "Maverick" Mitchell, Cruise's flying ace of "Top Gun" fame, Saylor is returning to screens everywhere after a decades long hiatus. CoinDesk journalists are not allowed to purchase stock outright in DCG. 11:46 AM - 15 Apr 2021 483 Retweets 2,635 Likes Michael Saylor. Saylor, who was worth $1.6 billion at the beginning of March, saw his net worth drop below the $1 billion mark on Wednesday, according to Forbes estimates. MicroStrategy in its own statement denied the allegations and vowed to defend aggressively against this overreach., The case is a personal tax matter involving Mr. Saylor, the statement said. The lawsuit builds on a similar complaint filed against Saylor by whistleblowers in D.C. Superior Court last year, which was unsealed Wednesday. Dubbed the wealthiest man in the Washington . He also said he believes the market cap ceiling on bitcoin is nearly limitless. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. The securities regulator said the $1.02 billion deal should be blocked, 97% of its customers, representing 98% of total claims. Share Background Report Overview of Michael Jerry Saylor Lives in: Miami Beach, Florida Phone: (703) 714-7097 Age: 57 Gender: Male MicroStrategy founder Michael Saylor once lost $6 billion in a day. MIAMI MicroStrategy (MSTR) CEO Michael Saylor and ARK CEO Cathie Wood gave a number of reasons for why they think bitcoin (BTC) will continue to gain adoption and increase in price in a chat at the Bitcoin 2022 conference here on Thursday. "That which does not kill Bitcoin makes it stronger," said Saylor. A livestream is available at the conference's website. UPDATE 1-US to announce new military aid package for Ukraine on Friday -White House. Saylor, who oversaw the company's push into bitcoin, stepped down as CEO earlier this month. MicroStrategy posted a $1.06 billion loss in the second quarter of 2022, compared to a $299 million loss in the same period last year, largely due to bitcoins collapse. Growing up, he lived on multiple Air Force bases. Michael Saylor, chairman and chief executive officer of MicroStrategy, first got into bitcoin in 2020, when he decided to start adding the cryptocurrency to MicroStrategy's balance sheet as part of an unorthodox treasury management strategy. "I guess I lost faith in all of my traditional investments," Saylor said. Here are their 12 best quotes from the event. "If you wish me to make a political statement, Bitcoin fixes everything. The AG's office said it's seeking to recover a total sum of over $100 million in unpaid taxes and penalties. Michael Saylor, the CEO of Microstrategy, and Cathie Wood, CEO of Arch Invest, held a panel at the Miami 2022 Bitcoin conference on Thursday. The information available on our website may not be 100% accurate, complete, or up to date, so do not use it as a substitute for your own due diligence, especially if you have concerns about a person's criminal history. Michael Saylor, chairman and chief executive officer of MicroStrategy, first got into bitcoin in 2020, when he decided to start adding the cryptocurrency to MicroStrategy's balance sheet as. He. In a panel discussion with podcaster Max Keiser, Saylor discussed Bitcoin's future and its implications for wealth and governments. The Debt Ceiling Time Bomb Is Ticking Again. Die Gastgeber waren sehr freundlich und haben uns zur Weihnachtszeit liebevoll mit Dekoration und sogar vielen Leckerlis willkommen geheissen. 2.9%. D.C. Attorney General Karl A. Racine (D) on Wednesday announced a lawsuit against billionaire Michael J. Saylor and the technology company he co-founded, MicroStrategy, alleging that Saylor has lived in D.C. for more than a decade while evading $25 million in D.C. income taxes and that MicroStrategy conspired to help him. https://t.co/U1dUp84SRJ" Check restrictions. Tesla Stock Is More Popular Than Ever Among Individual Investors, Mortgage demand from homebuyers drops to a 28-year low, Close Ally of FTX Founder Sam Bankman-Fried Pleads Guilty to Fraud, Vice Medias $30 Million Loan is the Latest Warning Sign for the Troubled Company, Bidens billionaire tax is dead on arrival in Congress, top Wall Street backers and Democratic strategists say, Meta shares rocket 23%, one of the best days in over a decade, Mortgage rates drop to the 5% range for the first time since September, The IMF's improved economic outlook won't change the plans of central banks, The Federal Reserve is likely to hike interest rates again. ; The pair discussed ESG concerns, how they got into bitcoin, and why they believe it is . AllSides members can bookmark any article and read it later. Michael Saylor has entered the yacht charter business. Sehr nette Vermieter, dass Haus ist in einem Top Zustand, es ist einfach alles vorhanden, die Betten sind frisch bezogen, Handtcher liegen bereit und das alles in liebevoll eingerichteter Wir haben zu fnft 6 Nchte in der tollen Ferienwohnung von Familie von Weichs verbracht. Although MicroStrategy is based in Virginia, Florida is where I live, vote, and have reported for jury duty, and it is at the center of my personal and family life.. William Uptegrove, representing the SEC, said that creditors had not been sufficiently warned of regulatory risks, but declined to take a definitive position on whether VGX was a security. Michael Saylor, the founder and CEO of MicroStrategy MSTR, has . Inflation Is Cooling, Leaving America Asking: What Comes Next? I write about wealth, billionaires and their companies. Know before you go COVID-19 travel restrictions, including testing and quarantine, are changing rapidly. Saylor denied the accusations in a statement to Forbes, saying he resides in Florida and he looks forward to a fair resolution in the courts.. District of Columbia Attorney General Karl Racine accused MicroStrategy co-founder and Executive Chairman Michael Saylor of evading $25 million in district taxes in a lawsuit filed Wednesday. Michael Saylor's House (Google Maps). Klicken Sie auf Alle ablehnen, wenn Sie nicht mchten, dass wir und unsere Partner Cookies und personenbezogene Daten fr diese zustzlichen Zwecke verwenden. War definitiv ni Es hat alles sehr gut geklappt. Beginning in 2012, according to the complaint, Saylor purchased a home in Miami Beach, obtained a Florida drivers license and registered to vote there despite living primarily in D.C. Saylor and MicroStrategy ended up reaching an agreement where Saylor's salary would be reduced to a nominal $1, the lawsuit claims, in order to reduce the risk authorities would discover the alleged scheme. The district law incentivizes whistleblowers to report tax fraud and allows the court to impose penalties up to three times the amount of the evaded taxes, according to the AG's office. House District: 113 . CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. Saylor said in the statement: A decade ago, I bought an historic house in Miami Beach and moved my home there from Virginia. Join AllSides to read, share (These terms have special meanings under the Fair Credit Reporting Act, 15 USC 1681 et seq., ("FCRA"), which are incorporated herein by reference.) The lawsuit is the latest in a series of unfortunate events for Saylor, who stepped down as MicroStrategys chief executive earlier this month after the firm bought over $1 billion worth of bitcoin in 2020, a move that proved costly to the firms bottom line amid the cryptocurrency crash. He described the order as Biden telling different U.S. agencies to get educated on bitcoin and figure out how to get it incorporated into the government.. News and analysis for the professional investor. Under Saylors leadership, the firm became one of the most significant corporate backers of bitcoin: MicroStrategy has bought about 129,699 bitcoins since 2020 at almost $4 billion. Search for real estate and find the latest listings of Mhnesee Property for sale. That mega bet is now underwater. "There's no reason (bitcoin) can't become a 100, 200, 300 trillion creature.". In August 2022, To prevent automated spam submissions leave this field empty. MicroStrategy CEO calls bitcoin "most efficient use of energy". Wood was similarly sanguine about the rapidly growing payments technology. Court filings show that 97% of its customers, representing 98% of total claims, had voted in favor of the deal, though it has found less favor with regulators. Your weekly wrap of Web3 news and trends. "Although MicroStrategy is based in Virginia, Florida is where I live, vote, and have reported for jury duty, and it is at the center of my personal and family life. Racine said the law also enables the court to levy a punishment up to three times the amount of taxes evaded, and that between the unpaid income taxes and other penalties his office is seeking to recover from Saylor and MicroStrategy, damages in the case could amount to more than $100 million. 3. WATCH: Watch CNBC's full interview with MicroStrategy CEO Michael Saylor at Bitcoin 2022. The software company, which does not provide services in the cryptocurrency sector, has plowed over $4.5 billion into buying Bitcoin at the direction of Saylor, its CEO. The lawsuit also names MicroStrategy as a defendant. Head to consensus.coindesk.com to register and buy your pass now.