Amid Bitcoin’s price decline and speculation over Strategy’s holdings, Arkham clarified large BTC transfers as routine custodial moves, while Michael Saylor reaffirmed continued accumulation.
Bitcoin’s recent downturn fueled rumors that Strategy (formerly MicroStrategy) had sold tens of thousands of BTC after wallet trackers flagged significant transfers. Arkham Intelligence initially noted a movement of 43,415 BTC worth over $4.2 billion and later clarified these were routine custodian rotations involving Coinbase Custody changes, internal rebalancing, and wallet refreshes—not sales. Walter Bloomberg’s post alleging a drop from 484,000 BTC to 437,000 BTC was publicly refuted by Michael Saylor, who stated the company had not sold any Bitcoin and continues to buy daily. Saylor also highlighted that Strategy’s debt obligations are 4.5 years away, eliminating liquidation pressure. Bitcoin is currently trading at $96,084.