Saylor Slams Proposed BIP-110 Change, Citing Risks to Bitcoin Consensus

Michael Saylor, founder of Strategy (NasdaqGS:MSTR), has publicly expressed his opposition to the proposed Bitcoin protocol change known as BIP-110. His comments focus on protecting Bitcoin's existing consensus rules and caution against protocol changes that serve narrow factions.

The remarks have intensified an ongoing industry debate about how Bitcoin governance should handle protocol-level changes. Strategy's stock, MSTR, currently trades at $93.33 after a decline of 40.6% year to date and 76.4% over the past year.

Saylor's stance reinforces Strategy's identity as a high conviction advocate for Bitcoin's current consensus framework. For shareholders, the key question is how this governance role fits with the company's long-term Bitcoin-focused thesis and risk profile.