Strategy transfers $1B in Bitcoin to Fidelity Custody
PositiveCryptocurrency

- Strategy has transferred $1 billion in Bitcoin to Fidelity Custody, reflecting a growing trend among corporations to utilize institutional custodians for enhanced security and flexibility in managing digital assets.
- This significant transfer underscores Strategy's commitment to safeguarding its Bitcoin holdings and signals confidence in Fidelity's custodial services, which are increasingly sought after by institutional investors.
- The move aligns with a broader trend of institutional interest in cryptocurrency, as evidenced by Fidelity's leadership in Bitcoin ETFs and other major corporations like BlackRock and SpaceX also engaging in substantial Bitcoin transactions.
— via World Pulse Now AI Editorial System







