Strategy’s Michael Saylor rejects on-chain Proof-of-Reserves due to ‘liability’
Strategy, formerly known as MicroStrategy, is unlikely to adopt on-chain proof-of-reserves (PoR) disclosure for its substantial Bitcoin holdings. At the Bitcoin 2025 conference in Las Vegas, the company chairman, Michael Saylor, dismissed the practice as a potential security threat, saying it exposes firms and users to unnecessary risks. Saylor made the comments while responding to […]
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