The post MicroStrategy News: 27% of Stategy’s BTC Now Off-Chain, Bullish Signal or Liquidity Risk? appeared on BitcoinEthereumNews.com.

Key Insights: According to latest MicroStrategy news, the firm transferred another 11,642 BTC worth $1 billion to Fidelity, bringing its total moved to 177,351 BTC. Around 27% of these holdings are now in Fidelity’s omnibus custody, making them no longer traceable on-chain. The shift raises questions about reduced visible supply, institutional consolidation, and potential impacts on Bitcoin’s price dynamics. The latest bitcoin custody reshuffle of MicroStrategy has alarmed investors: roughly a quarter of the company’s massive BTC holdings now sit in opaque, off-chain custody. Arkham Intelligence reported on Nov. 26, 2025 that MicroStrategy (Nasdaq: MSTR) moved nearly 60,000 coins from Coinbase into Fidelity’s omnibus vault. With some 427,000 BTC now tracked under a generic “Fidelity Custody” account, roughly 27% of MicroStrategy bitcoin holdings can no longer be directly seen on the blockchain.. The on-chain analytics firm Arkham notes that Fidelity’s omnibus system mixes many clients’ Bitcoin under a single address. In practical terms, any large sale out of Fidelity could be booked as an internal transfer – escaping the usual on-chain sale signals. In fact, crypto research outlet DropsTab recently highlighted that “Strategy moved 165,709 BTC into Fidelity’s omnibus pool — the perfect place to sell quietly.” By blending MicroStrategy’s coins with other holders’, Arkham warns that subsequent off-chain trades (for example via OTC desks inside Fidelity) would leave little on-chain footprint. In other words, about one-quarter of the $10–12 billion Bitcoin treasury could be unloaded stealthily if the company chose to do so. MicroStrategy (MSTR) Stock in Focus These developments come as MSTR stock trades near its lows of the year. After soaring in mid-2025 alongside bitcoin’s rally, MicroStrategy (MSTR) stock price has since collapsed. As of Dec. 4, 2025, the stock closed around $188.39, down roughly 60% from its September peak near $457. Bitcoin itself is near $92,000 (about…

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Filed under: News - @ December 4, 2025 1:30 pm