Arkham Uncovers $5.45B in Strategy’s Bitcoin Wallets

Arkham identifies Bitcoin wallets tied to Strategy, revealing $5.45B in holdings, 87.5% of the firmโ€™s disclosed BTC assets.

  • Arkham has linked BTC addresses to Strategy (ex-MicroStrategy)
  • 70,816 BTC valued at $5.45B were identified
  • This accounts for 87.5% of Strategyโ€™s disclosed holdings

Blockchain intelligence firm Arkham has made waves by uncovering Bitcoin wallet addresses connected to Strategy, the company formerly known as MicroStrategy. Despite Michael Saylorโ€™s prior assertion that such addresses would never be made public, Arkham has successfully linked wallets holding 70,816 BTCโ€”valued at approximately $5.45 billion.

These findings account for 87.5% of Strategyโ€™s total publicly disclosed Bitcoin holdings. This includes assets currently custodied with Fidelity Digital, shedding light on where much of the firm’s crypto wealth is stored.

From Pseudonymity to Transparency

Arkham’s breakthrough offers a rare peek behind the curtain of corporate Bitcoin holdings. Using proprietary tools and data analytics, the firm identified and attributed the majority of Strategy’s holdings on-chain, a move that marks a significant development in the transparency of corporate crypto reserves.

Saylor, a long-time Bitcoin bull, has repeatedly emphasized privacy around the company’s crypto strategy. However, blockchain data analytics have proven that even large institutional holders can’t always remain anonymous.

Implications for Institutional Bitcoin Adoption

The discovery may have larger implications for institutional crypto transparency. As more firms follow Strategyโ€™s lead in holding Bitcoin as a treasury reserve asset, on-chain sleuths like Arkham are increasingly playing watchdog roles. The findings could also prompt companies to reevaluate how they manage wallet privacy and custody.

For the public and investors, this offers a unique verification method, reinforcing trust in public disclosures while also posing questions about privacy in the decentralized world.

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Disclaimer: The content on CoinoMedia is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency investments carry risks, and readers should conduct their own research before making any decisions. CoinoMedia is not responsible for any losses or actions taken based on the information provided.

Aurelien Sage

Aurelien Sage is a blockchain enthusiast and writer, crafting insightful articles on decentralized technologies, Web3, and the future of finance. His work simplifies complex concepts, empowering readers to navigate the evolving crypto landscape with confidence.

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