Michael Saylor Says MicroStrategy Audits Custodians and Buys "Real Bitcoin" After 2,932 BTC Purchase on Jan. 26
On Jan. 26, Michael Saylor stated on X that MicroStrategy buys "real Bitcoin" and audits its custodians to avoid rehypothecation concerns. The comments followed the firm's disclosure that it had acquired 2,932 BTC for $264 million, lifting its total holdings to 712,647 BTC while critics questioned whether all coins are fully reserved.