<ul><li>Michael Saylor, executive chairman of Strategy, rejects proof of reserves due to security risks at Bitcoin 2025 event in Las Vegas.</li><li>Saylor believes that public wallet data exposure increases cyberattack vulnerability for firms, preferring traditional audits for safety.</li><li>Strategy holds 576,230 BTC valued at $62.6 billion, making it the largest Bitcoin holder among companies.</li><li>Crypto industry leans towards proof of reserves post-scandals, but Saylor argues large Bitcoin holders prefer privacy and security over transparency.</li></ul>

Michael Saylor’s Security Stance Shakes Crypto Transparency Talks

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