Via Twitter, District Attorney General Karl Racine announced that his authority is suing MicroStrategy co-founder and Executive Chairman Michael Saylor for evading $25 million in district taxes. The complaint alleges that MicroStrategy conspired to help Saylor evade the taxes. Under Saylor's leadership, MicroStrategy spent close to $4 billion acquiring bitcoin at an average price of $30,700, and he has said he considers the company’s stock a sort of bitcoin ETF.