PANews reported on October 22 that MicroStrategy Executive Chairman Michael Saylor faced criticism from the Bitcoin community for his recent suggestion to entrust Bitcoin custody to 'too big to fail' financial institutions. Previously, Saylor had been a proponent of self-custody for Bitcoin, believing that self-custody could prevent custodial abuse of power. However, in an interview on October 21, he stated that Bitcoin holders would not incur losses by entrusting their assets to large banks, criticizing concerns about government seizure of Bitcoin as 'unnecessary fear.'

This stance is seen as a significant shift in Saylor's attitude, causing dissatisfaction among several Bitcoin supporters. 21st Capital founder 'Sina' and (Bank to the Future) author Simon Dixon have both questioned Saylor's motivations, suggesting that his actions may be aimed at promoting MicroStrategy's transformation into a 'Bitcoin bank.' Meanwhile, Bitcoin payment company Synonym CEO John Carvalho stated that Saylor has deviated from his original belief that 'Bitcoin is hope.'

Nevertheless, some believe that Saylor's views are more aimed at institutional investors, emphasizing that large enterprises and funds need a more secure custody method.