Arkham has identified another 70,816 BTC on-chain belonging to Strategy (formerly MicroStrategy), bringing the total identified BTC under Strategy to 507K or $54.5B worth. As of May 26th, Strategy has a reported total holding of 580K BTC under their custody. As such, this brings the identified amounts to approximately 87.5% of Strategy’s holdings.
107K BTC of this 507K BTC identified was previously sent from Strategy’s addresses to Fidelity Custody, which does not segregate its holdings. As such, this BTC is not reflected on Arkham under the Strategy entity. The remaining 400,398 BTC remains in segregated custody solutions, including Coinbase Prime.
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