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Strategy CEO says Binance theft raises concerns but no risk to their Bitcoin custody.

Market News
15 Nov 2026, 06:07 WIB
Tokenpost
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Neutral
Strategy CEO says Binance theft raises concerns but no risk to their Bitcoin custody.

Strategy CEO Phong Le confirmed that the company stores all its Bitcoin in cold storage with U.S. custodians, ensuring strong security. He acknowledged that the recent Binance theft has caused reputational damage to the crypto industry but stated it does not affect Strategy's Bitcoin custody. Le emphasized the need for ongoing vigilance and urged companies to enhance software defenses and scrutinize custodians' security, especially as AI tools are increasingly used to test these systems.

Strategy CEO Phong Le's statement on Bitcoin custody comes as only 4 of 50 major cryptocurrencies tradable on Pluang rose today. For readers following the crypto market, here is Pluang's market snapshot as of Nov 15, 2026 10:41 WIB: CRV fell 10.46% to Rp3.766 with 97% sell orders, DOT dropped 8.93% to Rp13.209 with a near even buy-sell split, and SAND declined 8.53% to Rp654 but had 100% buy orders. Overall, 45 cryptocurrencies fell in price today.

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