Arkham Unveils 87% of Strategys Hidden Bitcoin Holdings

Analytical firm Arkham Intelligence has reported the identification of previously undisclosed Bitcoin addresses associated with the company Strategy.

Experts uncovered 70,816 BTC that belong to the firm, which is approximately $7.6 billion at the current exchange rate.

*“[Michael] Saylor stated that he would never reveal his addresses. That’s why we did it,”* Arkham wrote.

Analysts further noted that this amount constitutes 87.5% of Strategy’s total Bitcoin holdings.

Arkham’s announcement came in response to the founder’s remarks about the risks involved in disclosing wallet addresses. During the Bitcoin 2025 conference in Las Vegas, he pointed out that making addresses public poses dangers for companies that own Bitcoin.

*“No analyst focused on institutional or corporate security would consider publishing all wallet addresses a good idea, as it allows for tracking,”* Saylor commented.

He emphasized that revealing wallets enables thorough scrutiny of every future transaction, exposing the company to risks that may not be immediately evident.

Saylor suggested the use of artificial intelligence to explore this issue, claiming that AI could produce “50 pages” of security concerns linked to the disclosure of addresses.

It is worth noting that in the first quarter, Strategy *earned* $5.8 billion from Bitcoin, while the company suffered losses exceeding $4 billion.

On May 19, Strategy was *accused* of making “false or misleading statements” about the profitability of their Bitcoin strategy and downplaying the risks associated with the asset’s volatility.