The Swiss National Bank (SNB) has increased its investment in the tech firm MicroStrategy, indicating a growing interest in cryptocurrencies.
Increase in SNB's Investment in MicroStrategy
The Swiss National Bank (SNB) has increased its stake in MicroStrategy by investing an additional $38 million. This brings SNB's total exposure to Bitcoin via MicroStrategy to approximately $253 million as of June 2025. This move indicates SNB's growing interest in cryptocurrency markets, particularly Bitcoin.
Cryptocurrency Market Reacts to Central Bank Actions
Following the SNB's announcement, Bitcoin's price surged by 3.8%, reaching $72,500. This event highlights the influence that institutional and central bank actions can have on cryptocurrency prices. Ethereum also saw a significant increase of 2.9%, reaching $3,850. Analysts describe this as a reaction of the market to shifts in major cryptocurrencies.
Influence of MicroStrategy on Institutional Investments in Cryptocurrencies
MicroStrategy, known for its aggressive Bitcoin acquisitions, continues to be a significant player in the market. Founder Michael Saylor noted, 'MicroStrategy now holds 597,325 BTC — our commitment to Bitcoin as a treasury asset remains unwavering.' Research indicates approximately $50 billion of global investor assets are indirectly exposed to Bitcoin via MicroStrategy stock, highlighting the substantial effect institutional interest can have on the cryptocurrency market.
The Swiss National Bank's investments in MicroStrategy indicate a growing interest in Bitcoin among traditional financial institutions. This may also signify changes in the perception of cryptocurrencies as assets within the financial world.
