Michael Saylor, founder of MicroStrategy and notable Bitcoin proponent, has reaffirmed his support for crypto self-custody, emphasizing the right to choose how to store digital assets. This comes after his earlier comments endorsing regulated custody options like BlackRock and Fidelity drew sharp criticism from the crypto community. Saylor clarified on X, stating, “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.”

The crypto community reacted strongly, with Ethereum co-creator Vitalik Buterin and other prominent figures denouncing Saylor’s initial support for regulation-heavy solutions. Buterin labeled the approach as potentially harmful to the essence of cryptocurrency, which thrives on decentralization and minimal regulatory interference. This sentiment was echoed by Casa co-founder Jameson Lopp, who highlighted the importance of self-custody in maintaining network security and fostering innovation.

Saylor’s recent statements seek to bridge his views with those advocating for minimal regulatory influence, arguing that Bitcoin can benefit from diverse investment strategies, including those involving traditional financial entities. As the debate continues, the adoption of crypto products like spot Bitcoin ETFs is gaining momentum, signaling a growing integration of cryptocurrencies within conventional investment frameworks.