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Bitcoin’s 16M Self-Custody Wake-Up Call: Lessons for Crypto Businesses Thumbnail
News

Bitcoin's $116M Self-Custody Wake-Up Call: Lessons for Crypto Businesses

High Conviction

A reported $116 million loss tied to Bitcoin self-custody has become the latest reminder that holding your own keys shifts security responsibility entirely onto the holder, a lesson with sharp implications for crypto businesses managing large treasuries.

Thiago Alvarez3 min readAug 17, 2026
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