Arkham Says It's Now Tracking 78% of Strategy's Bitcoin Stash
Oct 4, 2026
On-chain intelligence firm Arkham says it has identified wallets holding about 78% of Strategy's 847,700 BTC, worth tens of billions of dollars.
Tracking a Bitcoin Giant
Arkham Intelligence says it has now mapped out roughly 78% of the Bitcoin held by Strategy (formerly MicroStrategy), the company famous for turning its balance sheet into one giant BTC position.
Strategy currently holds about 847,700 BTC. According to Arkham's tagged wallet data, assets worth around $40.28 billion have been identified so far, with another $15.5 billion marked as held through Fidelity Custody.
Why On-Chain Tracking Matters
For a company whose entire strategy revolves around accumulating and holding Bitcoin, transparency around wallet addresses is a big deal for investors and traders alike. Being able to verify holdings on-chain adds a layer of confidence that goes beyond quarterly filings.
It also gives the market a clearer picture of just how concentrated some of the largest BTC holdings really are. As more of Strategy's stash gets tagged, traders will be watching closely for any unusual wallet activity tied to these addresses.