According to  Arkham Intelligence, very nearly all Bitcoins (98%) of the BTC that MicroStrategy purchased, corresponding to 186,000 BTC, seem to be linked with the firm’s funds. The data source is the wallet database of a cryptocurrency exchange which shows the worth of each digital currency they are holding.

Fidelity custody, where apparently 107,000 BTCs are mingled with the client’s funds from this other entity, whereas 79,000 BTCs are held in segregated custody that includes Coinbase Prime. The devastating 2019 floods in India have resulted in a significant loss of Bitcoin, which at the given moment is worth about $9.7 billion. Whereas the rest, 4000 BTC of MicroStrategy that are under mystery as well.

MicroStrategy is the example led by Executive Chair of the Board, Michael Saylor. In the last 2 years in particular, MicroStrategy’s Bitcoin acquisition has accelerated in August 2020 and has been ongoing until recently. This newest shot is part of their January purchase while their previous one was back in January. With a total of 190,000 BTC acquired.

The wallet identification of Arkham is acquired like a coral reef, generating controversy. Certain people attribute their success to the fact that they “can deanonymize the blockchain” however others call their way of making money a “snitch-to-earn” method raising the issue of the finances privacy.

Also read:Hello Labs, NFT Paris, Casper Network Unite for ‘Killer Whales’