custody diversification? if so, good idea
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).
Shared via https://pullthatupjamie.ai
Discussion
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.