Strategy, previously known as micro strategy, will probably not assume on-chain proof-of-reserves (por) disclosure for his substantial bitcoin interests.
During the Bitcoin 2025 conference in Las Vegas, the company chairman, Michael Saylor, rejected the practice as a potential security threat and said that companies and users expose unnecessary risks.
Saylor made the comments while responding to Blockware analyst Mitchell Askew, that sought -after Or the world’s largest company owner of Bitcoin would consider publicly sharing his wallet data.
Instead of confirming or denying such plans, Saylor argued that unveiling reserves creates attack vectors for malignant actors.
According to him:
“If you publish your wallet, that is an attack vector for hackers, nation -state actors, every type of troll that is conceivable. It creates so much liability that you have to think twice before you ever do it.”
Saylor also pointed out that Por does not offer a complete picture of the financial health of a company.
The Bitcoin Bull acknowledged that although the initiative can confirm the asset property of a company, it does not take into account obligations or operational risks that observers about the financial health of a company may mislead.
Community Slams Saylor’s statement
His comments led to immediate recoil of parts of the crypto community.
Pseudonymous Analyst Pledditor called the comments ‘a gigantic red flag’, with the argument that although privacy problems are valid, Por does not necessarily endanger the security of assets.
The analyst said:
‘[PoR] Danger the security of your coins. Saylor has something to hide, or he is completely ignorant about how Bitcoin works. “
In recent years, Por initiatives have received a mainstream acceptance after the shocking collapse of FTX in 2022.
Since then, various crypto fairs, including Binance, have regularly published Por to regain user confidence. In fact, Bitcoin spot ETF providers such as Bitwise have publicly mentioned Wallet addresses that are linked to their products to support real-time verification.
Market observers said these movements correspond to the Cornesthian principles of transparency within the BTC ecosystem.
Although he has more than 580,000 BTC, the strategy did not follow.
Nevertheless, Blockchain Analytics company Arkham Intelligence claims that it has detected the on-chain addresses that are linked to almost all Bitcoin Trove of the strategy.
