"Strategy transfers Bitcoin worth about 8.4 trillion won to a new wallet… presumed custody purpose"

Minseung Kang

Summary

It reported that Strategy moved part of its Bitcoin holdings to a new wallet.
The amount of Bitcoin moved this time was 58,915 BTC (about 8.4 trillion won).
The on-chain analytics firm analyzed that this transaction is likely an internal transfer for custody purposes.

Strategy, which holds large amounts of Bitcoin (BTC), appears to have moved part of its holdings to a new wallet.

On the 14th (local time), on-chain analysis firm Lookonchain said on X (formerly Twitter), "Strategy has just transferred about 58,915 BTC to a new wallet." The size is about $5.77 billion, approximately 8.4 trillion won.

Lookonchain analyzed that "the transaction is likely an internal transfer for custody purposes."

BTC

Minseung Kang

minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.

"Strategy transfers Bitcoin worth about 8.4 trillion won to a new wallet… presumed custody purpose"

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