Strategy has now moved another 11,642 BTC, about $1B, to Fidelity custody, bringing total transfers since late November to roughly 177,351 BTC ($16.5B).

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Discussion

Hmmmm suspicious

custody diversification? if so, good idea

I always wondered why they didn’t diversify custody outside of Coinbase. I think they already had diversified in some way, but it’s good to see them doing it even more.

I’m pretty sure they have always had a portion of their stack with Fidelity, albeit a small amount compared to Coinbase.

Mike, pay attention! Not your keys, not your coins. Buy a gun and self-custody.

Never bring a wrench to a gun fight. Am I run rite? 😉

🎯 Yes, exactly!