Michael Saylor welcomes SEC shift under new chair
Paul Atkins promises to build a principled regulatory framework, aiming to make the US a global leader in digital assets.
Michael Saylor believes newly appointed SEC Chair Paul Atkins will benefit the crypto sector. Atkins, sworn in on 22 April, pledged to establish a clear and principled regulatory framework for digital assets, aiming to make the US a leading business hub.
Saylor’s firm, Strategy, recently purchased 6,556 BTC valued at over $555 million. The acquisition marked a return to its Bitcoin-buying strategy after a brief pause triggered by economic uncertainty following Trump’s ‘Liberation Day’ tariffs.
Bitcoin rose to around $93,000 as Atkins took office. The SEC has also softened its stance, dropping lawsuits against firms like Kraken and Coinbase, signalling a broader regulatory shift.
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