Strategy Moves $297M in Bitcoin via Internal Fidelity Custody Transfers, Arkham Confirms

Recent on-chain movements of 3,568 Bitcoin linked to Strategy, valued at roughly $297 million, were internal administrative transfers within Fidelity Custody rather than market liquidations. Blockchain tracking firm Arkham and analyst Emmett Gallic clarified that the 12 outbound transactions over a nine-hour period reflected routine custodial rebalancing across pooled addresses, leaving net holdings unchanged. The clarification dispelled market fears of selling pressure following a brief Bitcoin dip below $83,000. Strategy recently acquired 1,665 Bitcoin for $142.7 million, maintaining an aggregate treasury of 847,666 Bitcoin purchased for $63.95 billion.