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Arkham Identifies Another $7.5B in Strategy’s Bitcoin Holdings

In a bold and controversial move, blockchain intelligence firm Arkham has revealed Bitcoin wallet addresses it claims belong to Strategy (formerly, MicroStrategy). The software company known for holding the largest amount of Bitcoin. In a post on X, Arkham stated that it had identified an additional 70,816 BTC tied to Strategy’s wallets. Arkham Reveals 87.5% of Strategy’s Bitcoin Stash, Sparking Privacy Debate According to Arkham, this newly identified amount represents 87.5% of MicroStrategy’s total Bitcoin holdings. This includes funds stored with Fidelity Digital’s omnibus custody service. Before, the addresses were never documented as belonging to MicroStrategy, but Arkham claims it made the connection first. The development might have a big influence on Bitcoin’s level of transparency and privacy issues in crypto. All Bitcoin transactions are recorded on a public ledger. It’s now possible to trace ownership, even for large institutions that try to keep their activity under wraps. Source: X… Read More at Coingape.com

The post Arkham Identifies Another $7.5B in Strategy’s Bitcoin Holdings appeared first on CoinGape.

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