Looks like Michael Saylor's MicroStrategy is shaking things up on the custody front. The company's no longer putting all its eggs in one basket—they're spreading their Bitcoin holdings across multiple custodians instead of relying solely on a certain major US exchange. This move signals a more cautious approach to risk management, especially given the massive scale of their crypto treasury. Smart play or overdue adjustment? Either way, it's a notable shift in how one of the biggest corporate BTC holders secures its assets.
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TokenomicsDetective
· 4h ago
Saylor finally gets it, multi-chain custody should have been played around with long ago... But speaking of which, if this pro's BTC is really diversified, doesn't it mean that a dumping is about to happen?
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BridgeJumper
· 11-28 23:50
This should have been done long ago; the concentration of risk is too high.
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OvertimeSquid
· 11-28 23:49
Decentralized custody is smart, but I care more about when they will increase the position.
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MoonMathMagic
· 11-28 23:28
Saylor has really woken up. Decentralized custody is much more reliable than going all in on one exchange. Large holdings should be played this way.
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PriceOracleFairy
· 11-28 23:27
ngl saylor finally realized single-point-of-failure is basically asking for a black swan... diversifying custodians is just basic portfolio hygiene but somehow took them this long lmao
Looks like Michael Saylor's MicroStrategy is shaking things up on the custody front. The company's no longer putting all its eggs in one basket—they're spreading their Bitcoin holdings across multiple custodians instead of relying solely on a certain major US exchange. This move signals a more cautious approach to risk management, especially given the massive scale of their crypto treasury. Smart play or overdue adjustment? Either way, it's a notable shift in how one of the biggest corporate BTC holders secures its assets.