Saylor's MicroStrategy wallet addresses revealed despite his warnings
Arkham posted on X, 'SAYLOR SAID HE WOULD NEVER REVEAL HIS ADDRESSES ... SO WE DID,' claiming they've identified an additional 70,816 BTC belonging to Strategy, bringing the total to $54.5 billion. This represents 87.5% of Strategy's total BTC holdings, including those under Fidelity Digital's omnibus custody.
'Previously, we tagged: – 107K BTC sent to MSTR Fidelity deposits (Fidelity does not segregate custody, so these BTC do not appear in the MSTR entity) – Over 327K BTC held in segregated custody including Coinbase Prime, in our MSTR entity,' Arkham added.
Saylor, a vocal critic of on-chain proof-of-reserves, recently said, 'The current, conventional way to publish proof-of-reserves is an insecure proof of reserves... It's not a good idea, it's a bad idea.'
He likened publishing wallet addresses to 'publishing the addresses, bank accounts, and phone numbers of your kids in the hope of their safety, but it actually makes them more vulnerable.'
'You publish your wallet, that's an attack vector for hackers, nation-state actors, every type of troll imaginable,' he warned, advocating instead for self-custody and verification by a Big Four auditor.
Saylor's MicroStrategy wallet addresses revealed despite his warnings first appeared on TheStreet on May 28, 2025
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