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![exiledsurfer Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::222471144.png) Michael Parenti [@exiledsurfer](/creator/twitter/exiledsurfer) on x 14K followers
Created: 2025-07-18 15:27:24 UTC

"[while] Microstrategy [only] has legal possession over private keys and ownership rights that force custodians like Coinbase Prime Custody to move BTC on its behalf, as these vehicles proliferate in number and by trading venue, it is illuminating to list the quantity of funds and securities whose investors believe that they have exposure to MicroStrategy’s bitcoin... the company has explicitly denied MSTR shareholders ownership rights over its BTC. It has disclosed clearly, 'ownership of common stock does not represent an ownership interest in the bitcoin the company holds'."

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XXX engagements

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**Related Topics**
[stash](/topic/stash)
[$71b](/topic/$71b)
[strategy](/topic/strategy)
[stocks financial services](/topic/stocks-financial-services)
[stocks technology](/topic/stocks-technology)
[stocks bitcoin treasuries](/topic/stocks-bitcoin-treasuries)
[coinbase](/topic/coinbase)
[bitcoin](/topic/bitcoin)

[Post Link](https://x.com/exiledsurfer/status/1946230330681123036)