Arkham Drops Bombshell: Michael Saylor’s $48.8B Bitcoin Stash Allegedly Exposed

MicroStrategy’s Bitcoin evangelist might need a new cold wallet—Arkham Intelligence just doxxed what appears to be Saylor’s personal BTC trove. The jaw-dropping figure? A cool $48.8 billion worth of the orange coin.

While Wall Street still debates ETFs, the OG HODLer quietly amassed a position that dwarfs most nation-states’ reserves. Talk about putting your money where your mouth is—or maybe just proving crypto’s oldest rule: the early whales always win.

Just don’t ask about the tax bill.

Previously, Arkham also tagged 107k Bitcoin that was sent to MSTR Fidelity deposits, as well as 327k BTC that was held in segregated custody including Coinbase Prime.

Traders on X reacted negatively to Arkham publicly revealing Strategy’s alleged crypto address. Many of them called out the analytics platform for not respecting Saylor’s wishes and making the information available for social engineering hackers to exploit.

“If Saylor doesn’t want it revealed, and u reveal isn’t that violation of privacy,” said one user.

“You literally missed the ENTIRE point of his reply. This means nothing,” wrote another user.

“Did Arkham seriously just publicly dox and violate privacy? Which is the whole point of Bitcoin. Privacy,” argued another X user.

Hailed as the largest corporate holder of Bitcoin, Strategy claims to hold 580,250 BTC which is valued at $62.4 billion based on current market prices. The company recently purchased 4,020 BTC at a price of $427.1 million on May 26.

Most recently on May 27, Saylor refused to disclose Strategy’s on-chain addresses. He believed that revealing them to the public would pose a security risk, as it simultaneously jeopardizes various stakeholders: the issuer, the custodians, the exchanges, and the investors.

“It’s like publishing the address and the bank accounts of all your kids and [the] phone numbers of all your kids and then thinking somehow that makes your family better,” said Saylor.