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Forex

Swiss National Bank Holds $72M in MicroStrategy Shares

Guavy AI Editorial Team
Instruments
CHF
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The Swiss National Bank holds about $72 million worth of MicroStrategy shares.

This gives the bank indirect exposure to Bitcoin, as MicroStrategy is known for its large Bitcoin holdings.

Although SNB's president has publicly stated that Bitcoin is unsuitable as a reserve asset, the bank's stake in MicroStrategy acts as a proxy for Bitcoin investment.

The position, which has been managed actively and fluctuated over the past year, is a byproduct of SNB's currency intervention strategy rather than a direct bullish bet on Bitcoin.

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