Arkham Intelligence uncovers nearly all of MicroStrategy’s on-chain Bitcoin holdings

Arkham Intelligence uncovers nearly all of MicroStrategy’s on-chain Bitcoin holdings
фото показано с : cryptoslate.com

2024-2-17 19:40

Crypto Intelligence firm Arkham Intelligence has reportedly identified on-chain addresses containing 98% of MicroStrategy’s Bitcoin holdings.

According to a Feb. 16 post on social media platform X (formerly Twitter), MicroStrategy, which recently repositioned itself into a BTC development company, holds 107,000 BTC of the top digital asset with Fidelity, while 79,000 BTC is held in segregated custody, including Coinbase Prime.

“107,000 appears to be held with Fidelity pooled with other clients’ BTC, hence is included in our Fidelity Custody entity. The remaining 79,000 held in segregated custody including Coinbase Prime, is in our new Microstrategy entity,” Arkham Intelligence wrote.

Arkham explained that Fidelity Custody combines client funds through an omnibus custody model. Notable clients include the FBTC exchange-traded fund (ETF) and MicroStrategy. According to Arkham’s dashboard, Fidelity Custody holds over 176,000 BTC, valued at over $9 billion.

Arkham is the first crypto company to identify these addresses publicly.

This revelation follows Arkham’s recent claim of identifying the on-chain addresses of several spot BTC exchange-traded funds (ETF) in the United States. The crypto intelligence firm had previously identified the addresses of significant entities like Grayscale Bitcoin Trust (GBTC) before its conversion into an ETF and addresses belonging to the crypto trading platform Robinhood.

MicroStrategy’s BTC

MicroStrategy is the largest corporate holder of the top crypto asset, and its holdings briefly topped the $10 billion mark recently. Saylortracker data shows that the company’s 190,000 BTC is currently worth $9.89 billion and has an unrealized profit of $3.9 billion.

The company’s executive chairman, Michael Saylor, is a vocal advocate for Bitcoin and recently said:

“BTC represents the digital transformation of capital. Money is flowing out of 20th century analog assets into the digital economy at an increasing rate. BTC is digital property protected & transmitted by digital power.”

Meanwhile, MicroStrategy’s BTC investment has boosted its stock performance, with MSTR slowly increasing toward being eligible for inclusion on the S&P 500 index.

The post Arkham Intelligence uncovers nearly all of MicroStrategy’s on-chain Bitcoin holdings appeared first on CryptoSlate.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Intelligence Quotient Benefit (IQB) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Доступно / Всего 0 IQB

microstrategy intelligence holdings btc arkham on-chain bitcoin

microstrategy intelligence → Результатов: 126


Сервис Arkham Intelligence сумел обнаружить криптокошельки компании MicroStrategy

Аналитики платформs Arkham Intelligence заявили об успешной идентификации нескольких криптоадресов, связанных с американской компанией MicroStrategy, являющейся одним из крупнейших мировых держателей биткоинов.

2024-2-17 19:15


MicroStrategy Expands Bitcoin Holdings with $147.3 Million Purchase

In a strategic move, MicroStrategy, the business intelligence (BI) company, and its subsidiaries have made a bold financial maneuver by increasing their Bitcoin (BTC) holdings.   MicroStrategy Bolsters BTC Holdings According to a recent filing with the US Securities and Exchange Commission (SEC), MicroStrategy has expanded its Bitcoin holdings by acquiring an additional 5,445 BTC, totaling approximately $147.

2023-9-26 23:00


Фото:

Saylor gives up CEO role to focus on MicroStrategy’s Bitcoin strategy

MicroStrategy Inc (NASDAQ: MSTR) co-founder Michael Saylor is set to step down as the company’s Chief Executive Officer, taking up the role of Executive Chairman beginning 8 August 2022. Saylor, a prominent Bitcoin (BTC) bull, said in a statement that the move will allow the company to focus on its software and business intelligence business.

2022-8-3 15:50