Strategy Transfers 58,390 BTC Worth $5.1 Billion to Fidelity Custody Over Two Months
Strategy transferred 58,390 bitcoin worth $5.1 billion to Fidelity Custody over the past two months to diversify custodial arrangements beyond Coinbase, Arkham data show. Fidelity Custody operates an omnibus account system where client assets are commingled, causing some of Strategy's holdings to appear under Fidelity's entity on Arkham's platform. Arkham tracks approximately 92% of Strategy's total bitcoin holdings of 641,692 BTC worth $56.14 billion, with 165,709 BTC valued at $14.5 billion now held at Fidelity.