Swiss National Bank Boosts Stake in Quantum Computing Firm IonQ

The Swiss National Bank has increased its stake in IonQ, Inc. (NYSE:IONQ) by purchasing an additional 57,500 shares during the first quarter.

This represents a 7.1% increase in the bank's position, bringing its total to 866,648 shares.

The value of these shares is approximately $24.99 million as of the most recent filing with the SEC.

IonQ is a company that develops general-purpose quantum computing systems and sells access to its quantum computers through cloud platforms such as Amazon Web Services (AWS) and Microsoft's Azure Quantum.