Strategy's Saylor Defends Unlicensed Bitcoin Advocacy Amid CLARITY Act Vote

Michael Saylor, Executive Chairman of Strategy, is defending his advocacy for Bitcoin without needing a license. He emphasizes that Bitcoin is a commodity, not a security, aligning with the Commodity Futures Trading Commission's view.

This stance is relevant as the Senate prepares to vote on the CLARITY Act, which aims to clarify regulatory authority over digital assets, specifically between the SEC and CFTC.

In related news, Strategy has resumed Bitcoin purchases after a 10-week pause, acquiring 4,603 BTC for $369.7 million.