Karl Racine, Attorney General for the District of Columbia in the United States, has announced that his office has sued business intelligence firm MicroStrategy and its Bitcoin bullish co-founder Michael Saylor for charges related to tax evasion.

However, there is no shaking Saylor’s confidence, who assured that there is no price target for the king crypto at which MicroStrategy will begin liquidating its BTC holdings. Even as the market-wide meltdown evaporated trillions of value, the leading Bitcoin maximalist and his company is patiently holding firm.

“There’s no price target. I expect we’ll be buying bitcoin at the local top forever. And I expect Bitcoin is going to go into the millions. So we’re very patient. We think it’s the future of money.”

Learn more about your ad choices. Visit megaphone.fm/adchoices