Michael Saylor, the founder of Strategy, recently voiced his optimism regarding the newly appointed United States Securities and Exchange Commission (SEC) Chair, Paul Atkins, highlighting his potential positive impact on the business landscape. In a message shared on X, Saylor specifically pointed out Atkins’ favorable stance towards Bitcoin.
### Atkins Advocates for Structured Digital Asset Regulation
In a video shared by Saylor, Atkins, during his inauguration, expressed his dedication to establishing a solid regulatory framework for digital assets. “SEC Chairman Paul Atkins will be good for Bitcoin,” Saylor remarked, echoing Atkins’ commitment to principled regulation. Atkins emphasized his goal to create a rational and principled regulatory environment, ensuring the U.S. remains an attractive and secure destination for business operations.
### Strategy Boosts Bitcoin Holdings
Strategy made headlines this week by acquiring an additional 6,556 BTC, valued at over $555 million, further solidifying its position as a major player in the Bitcoin investment arena. Having started its Bitcoin investment journey in 2020 under Saylor’s guidance, the firm recently resumed its purchasing activities after a brief hiatus following the announcement of President Donald Trump’s “Liberation Day” tariffs, which had a temporary negative impact on the market.
### Bitcoin’s Price Surge
Bitcoin saw a notable uptick, reaching around $93,000, coinciding with Atkins’ commencement as SEC Chair. This increase reflects a growing confidence in the cryptocurrency market, beginning to recover from the regulatory uncertainties that have previously plagued the sector under former SEC leadership. The SEC’s recent shift towards a more accommodating stance on digital assets, evidenced by the dismissal of several lawsuits against major crypto players, has contributed to this positive momentum.
For further insights and the latest updates, follow Michael Saylor on Twitter: SEC Chairman Paul Atkins’ principled approach to digital asset regulation is poised to benefit Bitcoin and the broader crypto industry. #Bitcoin #SEC #DigitalAssets @[saylor]
