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Arkham Says It Tracks 78% of Strategy's 847,666 Bitcoin Holdings

Arkham says it tracks about 78% of Strategy's 847,666 bitcoin holdings, separating labeled wallets from assets tagged within Fidelity Custody in an October 1 update.

Published:

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What happened

Arkham says it tracks about 78% of Strategy's 847,666 bitcoin holdings, separating labeled wallets from assets tagged within Fidelity Custody in an October 1 update.

Confirmed

Global impact / market context

Greater blockchain visibility into Strategy's 847,666 bitcoin treasury helps investors see the scale and custody of the company's holdings, which can influence how they value the firm's bitcoin exposure and risk.

Analyst inference

Blockchain tracking of large corporate bitcoin reserves reflects rising demand for transparent proof of holdings, which may shape how investors compare firms with bitcoin treasuries and how custodians tag assets.

Analyst inference

What to watch

  1. Arkham's October 1 update separates labeled wallets from assets tagged within Fidelity Custody, showing how the tracked bitcoin is categorized. Confirmed
  2. Further updates could reveal more of Strategy's 847,666 bitcoin, changing the tracked share above the current 78%. Proposed
  3. Investors may compare Strategy's disclosed bitcoin total with blockchain-tracked amounts, because gaps can affect confidence in reported holdings and custody arrangements. Analyst inference

Affected assets

  • BTC — Bitcoin
  • ARKM — Arkham

Evidence