MicroStrategy founder Michael Saylor reiterated his views on Bitcoin custody on X yesterday. This view has been widely interpreted by the community as a clarification of previous remarks regarding institutional custody and support for self-custody principles!

Michael Saylor's previous views on Bitcoin custody | Source: X

The incident originated a few days ago when he suggested in an interview that holding Bitcoin with regulated entities like BlackRock and Fidelity is a safer choice, which upset many people.
Michael Saylor's clarification tweet | Source: X
However, Saylor has now clarified his position, stating that he supports those who are willing and able to self-custody their bitcoins and believes everyone has the right to choose how to store their bitcoins. He also emphasized that Bitcoin should be open to all forms of investment, welcoming contributions from individuals and institutions.

Some of Michael Saylor's recent controversial remarks have sparked intense debates within the community regarding the core values of cryptocurrency, asset security, and financial freedom. Let's review and briefly interpret the events!
On October 21, MicroStrategy's Executive Chairman Michael Saylor, in an interview with financial markets journalist Madison Reidy, stated that investors can confidently entrust Bitcoin to large institutions or banks, which would not incur any losses for institutional investors.
This viewpoint immediately caused a stir in the Bitcoin OG and cryptocurrency community, as many felt it contradicted Saylor's previous support for self-custody!