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✉news BusinessCrypto first seen 2 h ago, last 1 h ago, peak #30

Strategy Moves $297 Million in Bitcoin to Fidelity Custody

Original: Strategy Moves $297 Million in Bitcoin; Analysts Point to Fidelity Custody Transfer

Strategy, the Bitcoin-holding software company formerly known as MicroStrategy, is reported to have moved roughly $297 million worth of Bitcoin. Analysts say the transfer points to a change in custody arrangements involving Fidelity rather than a sale. Observers are watching the move for signals about how the largest corporate Bitcoin holder manages its reserves.

Why now: Large movements of Bitcoin by the biggest corporate holder typically spark speculation about selling or custody changes, so analysts are flagging the Fidelity transfer to calm or inform that debate.

StrategyMicroStrategyFidelityBitcoin

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