Bitcoin Headline on Nostr: There is a reason institutions of that size, particularly those rooted in traditional ...

There is a reason institutions of that size, particularly those rooted in traditional finance, do not adopt self-custody. At this stage, it’s the same reason Michael Saylor does not self-custody MicroStrategy’s Bitcoin. Simply put, institutions like these are not structured in a way where self-custody would be ‘simple,’ as you described. However, with recent advancements in fair accounting standards and legislative clarity on the horizon, this dynamic is likely to change in the near future.