Norway and Swiss Central Banks Hold Millions in MicroStrategy Shares

Norway and Switzerland's central banks have revealed substantial holdings in MicroStrategy, the largest corporate holder of Bitcoin.
Norway and Swiss Central Banks Hold Millions in MicroStrategy Shares
Image Source

Key Takeaways

  • Norway and Switzerland's central banks hold significant MicroStrategy shares.
  • The Swiss National Bank increased its stake in MicroStrategy by 60% in the last quarter.
  • MicroStrategy holds 226,500 Bitcoins, far exceeding other corporate Bitcoin holders.

Norway and Switzerland’s central banks have reported significant stakes in MicroStrategy (MSTR) through their recent 13-F filings.

Norges Bank, managing Norway’s Government Pension Fund, holds 1.123 million shares of MicroStrategy, while the Swiss National Bank owns 466,000 shares—a 60% increase over the previous quarter.

MicroStrategy, a Virginia-based business intelligence firm, is well-known for its large Bitcoin holdings. The company currently possesses 226,500 Bitcoins, making it the biggest corporate Bitcoin holder. In comparison, Marathon Digital Holdings, the second-largest, owns 20,818 BTC.

MSTR stock

MicroStrategy’s shares are currently priced at $131.21, reflecting a 3.5% decline over the past 24 hours.

The company has a market cap of $25 billion. Co-founder Michael Saylor has stated that the company’s Bitcoin-focused strategy has helped it outperform most S&P 500 stocks.

Notably, MicroStrategy shares act as a leveraged Bitcoin investment without fees, distinguishing it from the Bitcoin ETFs launched earlier this year.

Bitbo Dashboard → / Original Article