Arkham discloses Strategy's Bitcoin holding address, although Michael Saylor disagrees with making the address public

PANews
PANews
BTC-1.52%

PANews reported on May 29 that, according to The Street, the blockchain analysis platform Arkham Intelligence publicly identified 70,816 bitcoin wallet addresses related to Strategy (formerly MicroStrategy), with a total value of about $54.5 billion, accounting for 87.5% of its publicly disclosed positions. The move is at odds with Strategy's executive chairman, Michael Saylor, who opposes the disclosure of the address.

Saylor has repeatedly criticized the on-chain proof-of-reserve mechanism, saying that disclosing wallet addresses "is like publishing a child's bank account, which will increase the risk of attack." He advocates an alternative to public disclosure through audits by Big Four accounting firms. According to the data, Strategy has another 107,000 BTC held in Fidelity Digital Assets (non-segregated custody), and 327,000 BTC held in independent custody by Coinbase Prime.

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