Nailing the Analog: MicroStrategy Sued Again

District of Columbia Suing MicroStrategy Founder Michael Saylor for Tax Fraud

The District of Columbia is suing MicroStrategy (MSTR) founder and executive chairman Michael Saylor for allegedly never paying any income taxes in the district in the more than 10 years he has lived there, Attorney General Karl A. Racine announced in a tweet on Wednesday.

In addition, Racine tweeted that his office is suing MicroStrategy “for conspiring to help him evade taxes he legally owes on hundreds of millions of dollars he’s earned while living” in Washington, D.C.

See this post for my discussion of MicroStrategy as a cyclical signal: Cycles: MicroStrategy Back Again. A stock that was a brief darling of the 1990s dotcom bubble, then crashed amid accounting troubles. It hibernated for 20 years, then returned for a brief run during the cryptocurrency bubble and is in legal trouble again as the bubble bursts. Amazing. Little hints of history rhyming are sometimes far more information laden than they appear at first glance.