Saylor’s $5B Bitcoin Exodus from Coinbase Shakes Crypto Markets
Michael Saylor's MicroStrategy executes largest Bitcoin wallet movement in corporate history.
The Strategic Shift
Over $5 billion in Bitcoin just vanished from Coinbase custody—vanished into cold storage, that is. Saylor's signature HODL strategy reaches new extremes as MicroStrategy moves its massive BTC holdings off-exchange. The transfer represents one of the largest single movements of Bitcoin by any institutional player.
Market Implications
This isn't just shuffling digital coins—it's a statement. Moving $5B+ worth of Bitcoin signals extreme long-term conviction while reducing counterparty risk. The timing couldn't be more provocative as regulatory uncertainty swirls around centralized exchanges.
Wall Street analysts are scrambling to update their models while crypto natives nod approvingly. Because nothing says 'financial revolution' like moving digital gold from one digital vault to another—while traditional finance still struggles to understand the basics.
Arkham recently revealed that Michael Saylor's Strategy has been steadily moving a large portion of its holdings away from Coinbase. In the latest update, Arkham confirmed that Strategy has transferred 58,390 BTC, worth about $5.1 billion, over the past two months from Coinbase to Fidelity, as it increased its use of Fidelity Custody.
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