Michael Saylor, founder of MicroStrategy, reiterated his views on Bitcoin custody on X yesterday. This perspective has been generally interpreted by the community as a clarification of his previous remarks on 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 through 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 stance, stating that he supports those who are willing and able to self-custody their Bitcoin, and believes everyone has the right to choose how to store their own Bitcoin. He also emphasized that Bitcoin should be open to all forms of investment, welcoming contributions from individuals and institutions.