Strategy Diversifies $5.1 Billion Bitcoin Holdings by Shifting to Fidelity Custody

Michael Saylor’s company, Strategy, has strategically moved $5.1 billion worth of Bitcoin from Coinbase to Fidelity Investments in a custody diversification move, according to blockchain analytics firm Arkham Intelligence. This transfer adds to Strategy’s total holdings with Fidelity now managing over 165,709 BTC, representing more than $14 billion of its overall 649,870 BTC worth over $57 billion. The shift reflects a deliberate strategy by the publicly traded Bitcoin holding company.