Michael Saylor rejects on-chain Proof-of-Reserves

News story


Description

Michael Saylor, executive chairman of Strategy dismissed proof-of-reserves as it does not present a full picture of a company’s financial health and creates securities threats.

Maintainers

Simas

Publish date

May 27, 2025

Related projects

Strategy

Related topics

Ethics

Sources

Michael Saylor calls onchain proof-of-reserves a ‘bad idea,’ rules it out for Strategy over security concerns
Strategy’s Michael Saylor rejects on-chain Proof-of-Reserves due to ‘liability’
Michael Saylor warns of On-Chain POR Risk Security Breaches
Michael Saylor won’t publish Strategy’s proof of reserves: “It’s a bad idea”

Tags

05/27/2025
Week 22 of 2025