Strategy has never disclosed its full wallet addresses, leading some critics to question the accuracy of its stated Bitcoin holdings

Quotes that support claims

The lack of full disclosure of Strategy’s addresses raises doubts among skeptics about whether the company fully adheres to Saylor’s words and holds the exact amount it claims to own. Some of them repeatedly demanded that Saylor show the addresses, but he never did.

A flagship corporate Bitcoin holder, Strategy, has never disclosed its Bitcoin addresses, which has led many people to wonder if the company actually owns the amount it claims to hold. On May 26, 2025, Strategy Chairman Michael Saylor explained why the company would not disclose its addresses.