Strategy transfers $5.7B in Bitcoin to new wallets

Key Takeaways Strategy moved $5.7 billion in Bitcoin to new wallets. Analysts view the transfer as part of a custody restructuring effort. Share this article

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Analysts have interpreted Strategy’s large-scale Bitcoin transfers as part of a custody reshuffle rather than a signal of selling.

Strategy has been positioning itself to strengthen Bitcoin acquisition through improved credit ratings and institutional channels. Following last week’s acquisitions, the company now holds 641,692 Bitcoin worth over $62 billion.