- Arkham tracks 70,816 more BTC allegedly linked to Strategy
- Strategy’s Bitcoin stash now valued at over $62 billion
- Saylor warns address exposure risks investors and custodians
Blockchain firm Arkham has identified 70,816 Bitcoin linked to Strategy, formerly known as MicroStrategy. The discovery increases the total value of tracked assets to $54.5 billion, which has led to concerns about institutional privacy. The claim has ignited a discussion about transparency, security and trust in the crypto space.
Arkham Reveals More Bitcoin Held by Strategy
According to Arkham, the identified funds represent 87.5% of Strategy’s total Bitcoin assets. The assets include coins stored with Fidelity Digital’s omnibus custody service, which were previously undisclosed. Arkham emphasized that this is the first public identification of these addresses.
These claims have attracted mixed reactions from market observers, traders and privacy supporters. Many users on X criticized Arkham for exposing sensitive on-chain data. They argued that revealing the addresses might put Strategy’s custodians, investors and Bitcoin at risk.
Arkham is known for its transparent and detailed blockchain analysis. The platform previously tracked 107,000 BTC sent to Strategy’s Fidelity deposits. It also tagged 327,000 BTC held in segregated custody with Coinbase Prime.
Arkham’s Expose Sparks Concerns
Market participants expressed concerns about the security risks of these discovery. They stated that large corporate wallets may become targets of hackers. Many warned that public exposure undermines the privacy principles of Bitcoin.
However, Arkham insisted that it had accurately traced and verified the wallets on the blockchain. The firm revealed that it matched the addresses through behavioral analysis and transaction patterns. It confirmed that the identified wallets held Bitcoin.
Michael Saylor, Strategy’s Executive Chairman, has not publicly responded to the claims. Saylor had refused to reveal the company’s wallet addresses due to potential risks to investors and custodians. He stated that transparency should not put the operation at risk.
The company recently purchased 4,020 Bitcoin for $427.1 million, increasing its total stash to 580,250 BTC. At current prices, the company’s BTC assets are valued at $62.4 billion. Experts continue to monitor how the company manages its assets as more people pay attention.
Bitcoin Critic Claims Adoption Success
Peter Schiff, a vocal Bitcoin critic, claimed he indirectly influenced more people to buy BTC than many supporters. He made these claims at the Bitcoin 2025, where he received unexpected reactions from crypto enthusiasts. Schiff admitted that his actions have helped boost crypto adoption despite his stance on gold.
At the same event, US Vice President JD Vance said Operation Chokepoint 2.0 would not return under the current administration. The statement showed a more positive outlook for the crypto industry in the United States. Attendees welcomed the clarity as a sign of institutional acceptance.
Related Reading | LIBRA Scandal Escalates as Circle Freezes $57.5 Million in USDC Tokens
Leave a Comment