Swiss National Bank Invests in MicroStrategy, Bolstering Bitcoin Exposure

The Swiss National Bank (SNB) has taken a significant step towards increasing its exposure to Bitcoin by acquiring 517,000 shares of Microstrategy. This move signifies growing institutional interest in crypto assets and signals the potential for increased acceptance of digital currencies within traditional financial systems. 517,000 shares, worth $164 million as of Q4 2024, are now part of the SNB’s portfolio. The purchase aligns the bank with other central banks exploring indirect Bitcoin exposure through established corporations, a strategy aiming to leverage corporate assets for market participation without direct cryptocurrency holdings.