Strategy moved $2.45 billion in Bitcoin to a new wallet. Liquidation or restructuring?

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Once again, the spotlight is on Michael Saylor and his company strategy. The largest corporate holder of Bitcoin made a series of transfers of 22,704 BTC in just 9 hours. In total, Strategy transferred US$2.45 billion. The tokens were sent from the company’s main wallet to a number of subordinate addresses.

The cryptocurrency giant’s remarkable activity has sparked a wave of speculation in the industry. Some say this could be the beginning of sales. Others, however, are focusing on reorganizing their infrastructure to store digital assets.

Financial results below expectations

This entire process happened just hours after Strategy announced third-quarter net income of $2.8 billion. The results also beat Wall Street expectations, with earnings per share of $8.42 instead of the expected $8.15.

The company’s strategy has been to accumulate Bitcoin over the years. The amount held increased from 597,325 BTC to 640,808 BTC. Therefore, the current value of Strategy’s resources is over $70 billion.

During the earnings call, Michael Saylor emphasized that continuing to collect BTC remains a priority.

We intend to continue to focus on buying Bitcoin rather than seeking trades, even if the value of the company could increase.

Number of BTC Strategy Tokens
Source: Arkham

Bitcoin transfers capture the imagination of traders and professionals

Strategy’s rapid and large-scale moves have attracted the attention of analysts and the crypto community. Cryptocurrency expert Emmett Garrick suggested that this could be the result of changes to the asset storage system, the so-called custody switch. This is a very common practice among large holders. Security is enhanced through resource restructuring.

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Large-scale cryptocurrency changes are often associated with security updates or changes in custodian partners. Actual sales rarely occur.

A key element in the above practice is the preservation of the target address. If you remain offline, you will only be doing internal cleaning instead of doing business.

Mr. Thaler is steadfast in his beliefs and remains a consistent supporter of Bitcoin. During a conference Money with Las Vegas 20/20 he said:

I think Bitcoin will continue to increase in value gradually. We currently expect to reach approximately $150,000 by the end of the year.

This year has been a record-breaking year for strategy.

Optimistic forecasts remained for 2025. Strategy reported a 26% return for Bitcoin since the beginning of the year and a $13 billion increase in the value of BTC in its portfolio.

Andrew Kang, the company’s chief financial officer, acknowledged:

Year-to-date, it has generated a 26% return on BTC and $13 billion in profit. We reaffirm our full-year guidance of $34 billion in operating income, $24 billion in net income, and $80 in diluted earnings per share, assuming a year-end Bitcoin price of $150,000.

For now, BTC sales are excluded. Not only does the company have no plans to sell, it is also increasing its commitment to investing in the world’s largest cryptocurrency.

What does the strategy move mean for the market?

Large market movements always evoke emotions in investors and are controversial in the industry. Some treat this as a sign of a potential strategic change, while others treat it as a technical procedure.

Although there are proponents of the theory that the transfer of assets may be the beginning of liquidation, it is difficult to find a basis for considering it in the case of strategies. A more correct interpretation is to improve the security of your assets.

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More and more companies are investing in cryptocurrencies, seeking greater control over their portfolios and implementing new technologies. multi chain and non-detaineeMinimize the risk of external attacks.

Wallet security and integration

Against the backdrop of global trends in cryptocurrency management, the question of what is the best cryptocurrency wallet is becoming increasingly popular. Users primarily value comfort and safety.

Best wallets meet the needs of many investors. this is advanced Non-custodial multi-chain walletWith , you can buy, exchange, and store hundreds of digital assets.

Users can take advantage of Onramper’s integration, which allows them to get the best rates and lowest fees when purchasing cryptocurrencies such as Bitcoin, Ethereum, Solana, and Polygon.

Best Wallet application has undergone numerous quality audits. An architecture based on Fireblocks MPC technology ensures the highest level of security. This solution and many other benefits make Best Wallet one of the best Bitcoin wallets on the market in the eyes of experts.

$BEST token and ecosystem development

The entire project is about more than just storing digital assets. The ecosystem also includes a dedicated $BEST token, which is currently available for pre-sale. Its holders will receive reduced trading fees, increased staking rewards, and the opportunity to vote on the direction of the project’s development.

Tokens are also intended to provide. Early access and pre-orders to new projectsthis makes it an interesting proposition for investors looking for real benefits within the Web3 ecosystem.

Although Strategy’s migration to Bitcoin and the development of the $BEST token involve different market segments, both events exhibit common trends. User independence and safe storage of digital assets are becoming increasingly important.

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Saylor’s strategy and the new generation of users

While Strategy manages billions of dollars in assets and restructures internal portfolios, a new generation of retail investors is also striving for transparency and control over their funds.

The desire for secure and transparent transactions has led to the rise in popularity of Best Wallet style applications. They combine complete independence from third parties with the ability to easily purchase cryptocurrencies. If you’re wondering how to buy cryptocurrencies, you’ll probably love Best Wallet.

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