Bitcoin bull Michael Saylor reverses remarks on self-custody after backlash
“I support self-custody for those willing and able,” said Saylor in a new post after encouraging “big bank” custody in an interview earlier this week. Go to Source
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Self-Custody vs. Custodial Bitcoin: A Lesson From FDR ‘Forbidding the Hoarding of Gold’
Michael Saylor, the founder of Microstrategy, recently downplayed concerns about bitcoin confiscations, calling them a “myth.” He referenced Executive Order 6102, which compelled U.S. citizens to surrender their gold, to support his stance. However, historical evidence paints a different picture, especially regarding voluntary compliance. The gold confiscations of 1933 highlight why self-custody of bitcoin, rather … Read more
Bitcoin Bull Michael Saylor Clarifies Stance on Self-Custody Amid Backlash
Following the backlash from his earlier comments regarding custody providers and self-custody, Michael Saylor turned to X to clarify that he does not oppose self-custody. During an earlier interview, Saylor had minimized the role of self-custody, stating, “I think that when the bitcoin is held by a bunch of crypto-anarchists who aren’t regulated entities who … Read more
Saylor’s comments on big bank BTC custody are ‘batshit insane’ — Buterin
Saylor appears to be “explicitly arguing for a regulatory capture approach to protecting crypto,” which was not what it is about, said Buterin. Go to Source
Saylor Isn’t Batsh*t Insane, He’s Selfish
In a recent interview, Bitcoin cheerleader Michael Saylor shocked many by dismissing concerns about Bitcoin custody, but David isn’t surprised by his statements. Saylor’s Recent Controversial Statements Are Consistent With His Past Statements Michael Saylor is known for being an ardent Bitcoin maximalist. He advocates heavily for Bitcoin, while usually bashing over cryptocurrencies, arguing that … Read more
A Hero Falls: Bitcoin Community Blasts Michael Saylor’s ‘Paranoid Crypto-Anarchists’ and Self-Custody Remarks
Microstrategy co-founder Michael Saylor blasted the original bitcoin community stating that crypto-anarchists were paranoid about possible bitcoin seizure events involving the large companies that currently provide crypto custody. Saylor said that they were the ones who could incentivize a seizure measure due to their lack of compliance with government rules while exercising self-custody. Michael Saylor … Read more
MicroStrategy set for gains; ‘don’t fear the premium,’ analyst says
Benchmark analyst Mark Palmer has raised his price target for MSTR stock to $245 per share from $215. Go to Source
Microstrategy Stock MSTR Soars 1,620% — Outshining Bitcoin, S&P 500, and the Magnificent 7
Microstrategy’s stock, MSTR, has soared 1,620% since the company adopted a bitcoin-centered strategy, far outpacing bitcoin itself, the S&P 500, and tech giants such as Nvidia. The company’s bitcoin holdings now exceed 252,000 BTC. Microstrategy’s executive chairman, Michael Saylor, remains bullish about bitcoin’s price as his company plans to further boost its BTC investments. Microstrategy’s … Read more
Microstrategy Stock MSTR Set to Surge by 64% on Bitcoin Investment Bet, Analysts Say
Microstrategy’s stock is expected to soar by 64%, fueled by its bold bitcoin investment strategy, according to Bernstein analysts. Michael Saylor’s leadership and the company’s vast BTC holdings, valued at $16 billion, have played a pivotal role in its performance. However, challenges such as net losses and bitcoin volatility could complicate this forecast, despite a … Read more
MicroStrategy S&P 500 listing ‘probably not’ coming despite stellar performance
Inclusion could boost the industry. “Anyone that owns an S&P 500 Index fund will own Bitcoin once MSTR makes it into the index.” Go to Source