**News Flash: Michael Saylor's Bitcoin Custody Controversy**

Michael Saylor, executive chairman of MicroStrategy and a prominent Bitcoin advocate, has sparked debate with his recent comments on Bitcoin custodianship. In an interview with Madison Reidy, Saylor suggested that Bitcoin holders should trust "too big to fail" financial institutions over self-custody, a stance that contrasts sharply with his previous support for self-custody.

Critics argue that Saylor's shift undermines Bitcoin's decentralized ethos. Simon Dixon speculates that Saylor's comments align with MicroStrategy's potential plans to become a Bitcoin bank. Meanwhile, supporters like Julian Figueroa believe Saylor's advice is aimed at institutions rather than individuals.

MicroStrategy remains the largest corporate holder of Bitcoin, possessing 252,220 BTC, valued at nearly $17 billion.