Michael Saylor Advocates for Bitcoin as Free Speech and Commodity
- Saylor claims Americans can discuss and advocate for Bitcoin without needing a license.
- He categorizes Bitcoin as a commodity, not a security, while emphasizing that fraud is illegal.
- Strategy has resumed purchasing BTC, acquiring 4,603 BTC for about $369.7 million at an average price of $80,318 per Bitcoin.
- MSTR stock fell approximately 4.2% to $138.74 despite the resumed purchases and public support for Bitcoin.
- The National Sheriffs’ Association changed its stance on the CLARITY Act from opposition to neutral, which may influence future legislation.
Saylor’s defense of public advocacy comes as lawmakers prepare for a procedural vote on the CLARITY Act, which aims to clarify regulatory oversight of digital assets. His remarks highlight ongoing discussions about the legal status of Bitcoin and its role in the financial market.
Despite acquiring over $369 million in BTC, MSTR shares are down by about 56% over the past year, reflecting broader market challenges amid recent volatility.
