- Strategy shifted 43,415 BTC for custodial migration, retaining their holdings.
- No BTC sale occurred, maintaining bullish accumulation policy.
- Market impact was minimal, confirming stable treasury strategies.
Strategy transferred 43,415 BTC worth approximately $4.26B to over 100 addresses on Nov. 14, 2025, as part of a custodian migration, confirmed by Michael Saylor and Arkham.
This migration emphasizes ongoing institutional faith in BTC with no reported sales, maintaining market stability and demonstrating routine security measures for large bitcoin holders.
Strategy (formerly MicroStrategy) has transferred 43,415 BTC, valued at approximately $4.26 billion, across various addresses since November 14, 2025. The movement, confirmed to be a custodian migration, not a sale, was verified by founder Michael Saylor.
Michael Saylor, Strategy’s founder, along with analytics platform Arkham, have reaffirmed the BTC accumulation policy. Strategy’s actions highlight continued confidence in Bitcoin’s potential, with no liquidations occurring during these transactions.
The market hasn’t experienced a negative impact as a result of the movement. Historical precedent shows similar custodian rotations by large holders. This signifies a stable approach towards security enhancements without disrupting market flows.
Arkham officials noted the transfers involve a switch from Coinbase Custody to another provider. This internal reshuffle aligns with past practices of large institutional holders diversifying custodial arrangements.
There has been no recorded alteration in regulatory frameworks or deviations in decentralized finance protocols. As Strategy’s BTC are not involved in DeFi, major liquidity or value changes have been avoided, indicating effective management.
Large-scale custodian switches are expected to have technological advancements or enhanced security protocols. Analysts foresee no regulatory obstacles, assuming continuity in existing strategies without necessitating market adjustments.
Michael Saylor shared: “We are buying. We’re buying quite a lot, actually. And we’ll actually report our next buys on Monday morning… No, we’re always buying. Bitcoin’s always a good investment.”






