Analytics firm Arkham Intelligence has published data on alleged Bitcoin wallets owned by Strategy. According to the experts, these addresses hold cryptocurrency worth approximately $50 billion, which is approximately 87.5% of the total share of digital assets declared by the company. These assets are also stored by Fidelity Digital.
According to Strategy’s latest report, as of May 25, 2025, the company holds 580,250 BTC, with a combined market value of $63.2 billion. The addresses identified by Arkham Intelligence show high activity: large transactions worth tens of millions of dollars in Bitcoin have been recorded, confirming Strategy’s control over them.
The experts paid special attention to the interaction of these addresses with Coinbase Prime, a platform for institutional clients to store cryptocurrency. The transactions show incoming transfers from Coinbase Prime wallets, which are also associated with Strategy, which increases the analysts' confidence in the reliability of their findings.
Meanwhile, a recent report from analyst Vetle Lunde of K33 Research emphasizes that Strategy has slowed the rate of growth of its bitcoin reserves in recent months. According to Lunde, this was influenced by both external market conditions and internal strategic decisions.
Thus, the revealed data confirms that Strategy continues to maintain its status as one of the largest institutional holders of bitcoin, despite the slowdown in the rate of accumulation.