Strategy’s Michael Saylor Defends Bitcoin Advocacy in the US, Calls BTC a Commodity

Strategy Executive Chairman Michael Saylor has defended public Bitcoin advocacy in the United States as protected free speech. He has also called Bitcoin a commodity rather than a security, while stressing that fraud remains illegal.

Michael Saylor Backs Public Bitcoin Advocacy

Saylor has argued that Americans do not need a license to discuss Bitcoin or publicly recommend owning the asset. His comments are drawing attention as Washington continues working on broader rules for the cryptocurrency market.

“In America, you don’t need a license to discuss Bitcoin, advocate for it, or publicly recommend owning it,” Saylor wrote.

He added, “Bitcoin is a commodity, not a security,” while separating Bitcoin advocacy from illegal market conduct. Saylor also stated that fraud and manipulation remain prohibited under existing laws.

The Strategy chairman has repeatedly supported wider Bitcoin adoption through public comments and his company’s treasury strategy. His latest remarks are focusing specifically on public discussion and recommendations involving BTC.

CLARITY Act Debate Continues in Washington

Saylor’s comments are arriving as lawmakers continue preparing for a September 15 procedural vote on the CLARITY Act.