According to André Dragosch (@Andre_Dragosch), most of MicroStrategy’s (MSTR) Bitcoin wallet addresses are already publicly known and tagged by blockchain analytics platforms, regardless of whether the company discloses them officially. This inherent transparency means there is no added risk in revealing these addresses, as Bitcoin’s design is fundamentally open and traceable (Source: Twitter/@Andre_Dragosch, May 27, 2025). For traders, this transparency supports market credibility, reduces uncertainty around MSTR’s holdings, and allows for more informed trading strategies based on verifiable on-chain data. The public nature of these addresses can also impact market sentiment and liquidity, particularly during major transactions or reported holdings changes.

According to @Andre_Dragosch, the recent decline in BTC exchange balances is primarily attributed to corporate acquisitions of bitcoin rather than ETF inflows. This trend represents 'sticky capital,' as corporations like MicroStrategy (MSTR) are generally price agnostic and focused on long-term accumulation, rarely selling their holdings. Traders should note that this pattern could reduce available BTC supply on exchanges, potentially impacting liquidity and price volatility. Source: @Andre_Dragosch on Twitter, April 27, 2025.