{"id":78939,"date":"2026-10-02T01:46:09","date_gmt":"2026-10-02T01:46:09","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/arkham-says-it-tracks-78-of-strategys-847666-bitcoin-holdings\/"},"modified":"2026-10-02T01:46:09","modified_gmt":"2026-10-02T01:46:09","slug":"arkham-says-it-tracks-78-of-strategys-847666-bitcoin-holdings","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/arkham-says-it-tracks-78-of-strategys-847666-bitcoin-holdings\/","title":{"rendered":"Arkham Says It Tracks 78% of Strategy&#8217;s 847,666 Bitcoin Holdings"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"@container mb-[25px] rounded-sm overflow-clip py-0.5 pr-0.5 pl-2.5 bg-success-100\">\n<div class=\"flex flex-col gap-m overflow-clip rounded-[6px] !bg-success-10 p-3 @[420px]:p-m\">\n<h2 class=\"m-0 flex items-center gap-s text-[19px] !text-[#1c1c1c] md:text-[20px]\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"16\" height=\"10\" viewbox=\"0 0 16 10\" fill=\"none\" class=\"shrink-0 text-success-100\" aria-hidden=\"true\"><path d=\"M1 1.5h14\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><path d=\"M1 8.5h10\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><\/svg><span>Key Takeaways<\/span><\/h2>\n<ul class=\"m-0 flex list-none flex-col gap-m pl-0\">\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Arkham attributes $40.28 billion in labeled bitcoin wallets to Strategy.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Another $15.5 billion is tagged within Fidelity Custody, Arkham estimates.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Strategy reported holding 847,666 BTC after buying 1,665 BTC from Sept. 21 to Sept. 27.<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<h2>Arkham Identifies $55.78 Billion Across Wallets and Custody<\/h2>\n<p>Investors can inspect a substantial portion of Strategy\u2019s bitcoin treasury through publicly labeled addresses and custody tracking, according to Arkham Intelligence. The blockchain analytics company <a href=\"https:\/\/x.com\/arkham\/status\/2105540946033287639\" target=\"_blank\" rel=\"noopener noreferrer\">shared updated figures on X<\/a> on Oct. 1 for Strategy Inc. (Nasdaq: MSTR), a bitcoin treasury company. Michael Saylor, Strategy\u2019s executive chairman, has opposed publicly disclosing its bitcoin wallet addresses.<\/p>\n<p>Arkham wrote on X:<\/p>\n<blockquote>\n<p>\u201cSaylor said he would never reveal his bitcoin addresses. In May 2025 we identified 97% of Strategy\u2019s BTC. We were the first to publicly identify them. Strategy\u2019s labelled wallets now hold $40.28B of bitcoin on-chain, with another $15.5B tagged in Fidelity Custody. That is ~78% of Strategy\u2019s $71.4B BTC today.\u201d<\/p>\n<\/blockquote>\n<p>The accompanying dashboard displays the balances and addresses Arkham associates with Strategy, providing a closer view of the labeled-wallet component. Its <a href=\"https:\/\/arkm.com\/explorer\/entity\/microstrategy\" target=\"_blank\" rel=\"noopener noreferrer\">Strategy wallet profile<\/a> displayed approximately 478,199 BTC across about 1,600 addresses, with bitcoin priced at $84,238 in that snapshot. The quoted dollar values reflect the market snapshot used for Arkham\u2019s post.<\/p>\n<figure id=\"attachment_852294\" aria-describedby=\"caption-attachment-852294\" style=\"width:1942px\" class=\"wp-caption aligncenter\"><figcaption id=\"caption-attachment-852294\" class=\"wp-caption-text\">Arkham\u2019s dashboard displays approximately 478,199 BTC valued at $40.28 billion in Strategy-labeled wallets, alongside balance history and tracked transfers. Source: Arkham Intelligence.<\/figcaption><\/figure>\n<h2>Wallet Tracking Meets Fidelity\u2019s Pooled Custody<\/h2>\n<p>Arkham\u2019s tracking combines addresses associated with Strategy and assets attributed to Fidelity Custody, which holds digital assets for customers. The analytics firm <a href=\"https:\/\/news.bitcoin.com\/bad-idea-be-damned-arkham-maps-strategys-billion-dollar-bitcoin-hoard\/\">identified Strategy-linked wallets<\/a> in May 2025, including bitcoin attributed to Fidelity\u2019s pooled custody, where customer assets are held together. This structure separates the customer\u2019s ownership from the individual addresses used to hold the coins.<\/p>\n<p>The custody distinction became relevant again when trackers flagged thousands of bitcoin leaving Strategy-labeled addresses shortly before the latest update. Following <a href=\"https:\/\/news.bitcoin.com\/crypto-news\/saylor-strategy-3568-btc-297m-transfer-fidelity-custody\/\">3,568 BTC in flagged transfers<\/a> reported Sept. 29, Arkham analyst Emmett Gallic attributed the movements to normal Fidelity custody operations. He explained that Fidelity treats customer bitcoin deposits as interchangeable and moves funds as needed.<\/p>\n<p>Public blockchain records expose transaction amounts, addresses, and movement histories, while connecting those addresses to companies requires a separate attribution process. <a href=\"https:\/\/www.bitcoin.com\/get-started\/bitcoin\/technical\/how-to-verify-bitcoin-transactions\/\" target=\"_blank\" rel=\"noopener noreferrer\">Bitcoin transactions can be checked publicly<\/a> using transaction identifiers or addresses in a block explorer. Within pooled custody, an address movement can reflect the custodian\u2019s operations while the customer\u2019s ownership remains unchanged.<\/p>\n<h2>Strategy Holds 847,666 BTC After Its Latest Purchase<\/h2>\n<p>Strategy\u2019s reported bitcoin balance provides the total holdings against which Arkham\u2019s tracking estimate can be compared. The company <a href=\"https:\/\/www.strategy.com\/press\/strategy-acquires-1665-btc-and-repurchases-152-million-of-strc_09-28-2026\" target=\"_blank\" rel=\"noopener noreferrer\">acquired 1,665 BTC<\/a> between Sept. 21 and Sept. 27 for $142.7 million, according to its Sept. 28 disclosure. Its average purchase price was $85,681 per bitcoin, including fees and expenses.<\/p>\n<p>That purchase lifted the company\u2019s reported treasury balance while its financing activity also supported repurchases of preferred stock, shares that receive priority over common stock for dividend payments. Strategy\u2019s <a href=\"https:\/\/news.bitcoin.com\/crypto-news\/strategy-buys-1665-more-bitcoin-as-its-btc-treasury-hits-847666\/\">holdings reached 847,666 BTC<\/a> acquired for approximately $63.95 billion at an average cost of $75,437 per coin. Those holdings equal about 4.04% of bitcoin\u2019s maximum supply of 21 million coins.<\/p>\n<p>During the same week, Strategy divided proceeds from common stock sales between bitcoin purchases and securities repurchases. It raised $246.2 million in net proceeds, allocating $142.7 million to bitcoin and $103.5 million to STRC preferred stock repurchases. An additional $48.1 million in existing cash brought its STRC repurchase spending to $151.7 million.<\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/news.bitcoin.com\/featured\/arkham-says-it-tracks-78-of-strategys-847666-bitcoin-holdings\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) Key Takeaways Arkham attributes $40.28 billion in labeled bitcoin wallets to Strategy. Another $15.5 billion is tagged within Fidelity Custody, Arkham estimates. Strategy reported holding 847,666 BTC after buying 1,665 BTC from Sept. 21 to Sept. 27. Arkham Identifies $55.78 Billion Across Wallets and Custody Investors can inspect [&hellip;]<\/p>\n","protected":false},"author":11,"featured_media":78940,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/78939"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=78939"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/78939\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/78940"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=78939"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=78939"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=78939"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}