When Michael Saylor stepped onto a side-stage at the Bitcoin 2025 conference on May 26, the audience expected the usual boosterism from the man who has converted a software company into a de-facto Bitcoin holding vehicle. Instead they received a meticulous, almost scathing deconstruction of the industry’s favorite transparency meme: on-chain proof-of-reserves. Why A Bitcoin … Continue reading Saylor Responds To Bitcoin Proof Of Reserve Demand — And Shocks Everyone