Overview
- Michael Saylor reiterated that Strategy buys spot Bitcoin, audits its custodians, and does not allow rehypothecation, responding to social media scrutiny this week.
- A Jan. 20–25 purchase of 2,932 BTC brought the company’s holdings to 712,647 BTC at an average acquisition cost of roughly $76,037 per coin.
- On-chain trackers say around 415,000–420,000 BTC held at Coinbase and Anchorage are visible in segregated addresses, but a sizable remainder is not publicly traceable.
- Analysts estimate more than 110,000 BTC are unaccounted for in public data and report that about 183,000 BTC at Fidelity Custody cannot be independently verified due to omnibus wallets.
- Security researcher Jameson Lopp pressed for demonstrable proofs of ownership, and Saylor had not provided addresses or similar evidence at press time as the debate continued.