REVERSING COURSE? Michael Saylor reverses remarks on self-custody

MicroStrategy founder Michael Saylor backpedaled on his comment that big banks should take custody of Bitcoin following a torrent of backlash from the crypto community.

“I support self-custody for those willing and able, the right to self-custody for all, and freedom to choose the form of custody and custodian for individuals and institutions globally,” Saylor declared in a post on X on Oct. 23.

Saylor has been taking heat from the crypto community, including Ethereum co-founder Vitalik Buterin, after calling out “paranoid crypto-anarchists” in a recent interview.

Also remember guys, this is not financial advice and I am not a financial advisor. This is just me expressing my opinion.