Arkham Intelligence has reported the discovery of multiple Bitcoin wallet addresses linked to the investment firm Strategy, formerly known as MicroStrategy. These wallets reportedly hold 70,816 BTC, valued at approximately $7.6 billion, which represents 87.5% of the company's publicly disclosed Bitcoin holdings. This revelation could potentially increase Strategy's total Bitcoin holdings to $54.5 billion. Strategy's Executive Chairman, Michael Saylor, has expressed concerns about the security risks associated with revealing enterprise-level Bitcoin wallet addresses. Arkham's findings come amid previous scrutiny over its accuracy in labeling wallets, notably with the Mantra project.
Arkham Identifies Strategy-Linked Wallets Holding 70,816 BTC
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.